Magnus Financial Group LLC raised its position in Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 2.2% during the third quarter, HoldingsChannel reports. The firm owned 868,719 shares of the company’s stock after buying an additional 18,431 shares during the quarter. Vanguard Growth ETF accounts for 5.2% of Magnus Financial Group LLC’s holdings, making the stock its 2nd biggest position. Magnus Financial Group LLC’s holdings in Vanguard Growth ETF were worth $78,280,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. White Lighthouse Investment Management Inc. lifted its position in shares of Vanguard Growth ETF by 5.1% during the 3rd quarter. White Lighthouse Investment Management Inc. now owns 1,622,517 shares of the company’s stock worth $146,205,000 after purchasing an additional 78,058 shares during the last quarter. Kings Path Partners LLC acquired a new position in shares of Vanguard Growth ETF during the third quarter worth $55,000. Kraft Davis & Associates LLC grew its stake in shares of Vanguard Growth ETF by 2.1% during the third quarter. Kraft Davis & Associates LLC now owns 185,979 shares of the company’s stock worth $16,563,000 after purchasing an additional 3,831 shares in the last quarter. Element Pointe Advisors LLC grew its stake in shares of Vanguard Growth ETF by 1.9% during the third quarter. Element Pointe Advisors LLC now owns 105,694 shares of the company’s stock worth $9,524,000 after purchasing an additional 1,942 shares in the last quarter. Finally, TradeWell Securities LLC. purchased a new position in Vanguard Growth ETF in the third quarter valued at $85,000.
Vanguard Growth ETF Price Performance
NYSEARCA:VUG opened at $89.42 on Thursday. The firm has a market capitalization of $231.18 billion, a PE ratio of 36.22 and a beta of 1.22. The business’s fifty day moving average price is $89.20 and its 200 day moving average price is $86.52. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $93.00.
Vanguard Growth ETF 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. 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.
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