NWF Advisory Services Inc. Buys 146,096 Shares of Vanguard Growth ETF $VUG

NWF Advisory Services Inc. raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 515.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 174,428 shares of the company’s stock after buying an additional 146,096 shares during the quarter. Vanguard Growth ETF accounts for about 1.4% of NWF Advisory Services Inc.’s portfolio, making the stock its 16th largest position. NWF Advisory Services Inc.’s holdings in Vanguard Growth ETF were worth $15,025,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $35,000. Garner Asset Management Corp bought a new position in Vanguard Growth ETF during the 4th quarter worth approximately $41,000. Murphy & Mullick Capital Management Corp bought a new position in Vanguard Growth ETF during the 4th quarter worth approximately $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $88.88 on Friday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The stock has a market cap of $229.92 billion, a P/E ratio of 36.22 and a beta of 1.22. The firm has a 50 day moving average price of $86.77 and a 200 day moving average price of $83.12.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.