Tectonic Advisors LLC Boosts Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Tectonic Advisors LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 22.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,897 shares of the company’s stock after buying an additional 710 shares during the quarter. Tectonic Advisors LLC’s holdings in Vanguard Growth ETF were worth $1,599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VUG. Money Concepts Capital Corp boosted its stake in Vanguard Growth ETF by 9.6% in the 4th quarter. Money Concepts Capital Corp now owns 2,435 shares of the company’s stock worth $1,000,000 after purchasing an additional 214 shares in the last quarter. Confluence Wealth Services Inc. increased its holdings in shares of Vanguard Growth ETF by 21.5% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,069 shares of the company’s stock valued at $455,000 after purchasing an additional 189 shares in the last quarter. Berkshire Money Management Inc. increased its holdings in shares of Vanguard Growth ETF by 0.5% during the 4th quarter. Berkshire Money Management Inc. now owns 80,115 shares of the company’s stock valued at $32,882,000 after purchasing an additional 414 shares in the last quarter. Jackson Wealth Management LLC increased its holdings in shares of Vanguard Growth ETF by 29.2% during the 4th quarter. Jackson Wealth Management LLC now owns 28,294 shares of the company’s stock valued at $11,613,000 after purchasing an additional 6,396 shares in the last quarter. Finally, Alexander Labrunerie & CO. Inc. increased its holdings in Vanguard Growth ETF by 1.0% in the 4th quarter. Alexander Labrunerie & CO. Inc. now owns 10,923 shares of the company’s stock worth $4,483,000 after acquiring an additional 107 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.3 %

Vanguard Growth ETF stock opened at $419.59 on Wednesday. The company has a fifty day simple moving average of $417.20 and a 200-day simple moving average of $393.20. The firm has a market capitalization of $144.54 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $428.69.

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.