Hershey Financial Advisers LLC Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Hershey Financial Advisers LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,333 shares of the company’s stock, valued at approximately $1,778,000. Vanguard Growth ETF comprises approximately 1.6% of Hershey Financial Advisers LLC’s holdings, making the stock its 22nd largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after buying an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after buying an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth $970,862,000. Lincoln National Corp purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth $293,111,000. Finally, Natixis Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 217.1% in the fourth quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock worth $240,103,000 after buying an additional 400,516 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.6 %

NYSEARCA VUG opened at $380.36 on Monday. The company has a fifty day simple moving average of $406.98 and a two-hundred day simple moving average of $401.62. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The stock has a market cap of $376.96 billion, a P/E ratio of 35.10 and a beta of 1.14.

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.