Golden State Wealth Management LLC Acquires New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Golden State Wealth Management LLC bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 3,266 shares of the company’s stock, valued at approximately $1,341,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Strategic Financial Concepts LLC grew its stake in Vanguard Growth ETF by 34,615.3% in the 4th 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 in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Growth ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after acquiring an additional 257,784 shares during the last quarter. EP Wealth Advisors LLC grew its position in Vanguard Growth ETF by 6.5% in the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after acquiring an additional 194,506 shares in the last quarter. Campbell Wealth Management bought a new position in Vanguard Growth ETF in the third quarter valued at $72,989,000. Finally, Signature Estate & Investment Advisors LLC increased its stake in Vanguard Growth ETF by 24.9% in the third quarter. Signature Estate & Investment Advisors LLC now owns 897,478 shares of the company’s stock valued at $344,569,000 after acquiring an additional 178,659 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.7 %

Shares of VUG stock opened at $423.21 on Friday. The business has a 50-day moving average price of $417.49 and a two-hundred day moving average price of $393.39. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $428.69. The firm has a market cap of $145.79 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company Profile

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.