Vanguard Growth ETF $VUG is MBM Wealth Consultants LLC’s Largest Position

MBM Wealth Consultants LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 114,662 shares of the company’s stock after buying an additional 1,462 shares during the quarter. Vanguard Growth ETF comprises approximately 13.5% of MBM Wealth Consultants LLC’s portfolio, making the stock its biggest holding. MBM Wealth Consultants LLC’s holdings in Vanguard Growth ETF were worth $50,268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VUG. Laurel Wealth Advisors LLC increased its position in Vanguard Growth ETF by 45,810.0% in the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares during the period. Jones Financial Companies Lllp grew its position in Vanguard Growth ETF by 12.9% during the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after purchasing an additional 3,694,339 shares in the last quarter. Wealthspire Advisors LLC lifted its position in shares of Vanguard Growth ETF by 101.4% in the first quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock worth $340,990,000 after buying an additional 463,025 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of Vanguard Growth ETF by 73.9% in the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock worth $358,372,000 after buying an additional 347,412 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after purchasing an additional 330,550 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $490.84 on Monday. The stock has a fifty day moving average of $484.48 and a 200-day moving average of $457.40. The stock has a market capitalization of $199.24 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38.

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.