Global Wealth Management Investment Advisory Inc. Increases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Global Wealth Management Investment Advisory Inc. increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% in the second quarter, Holdings Channel.com reports. The firm owned 15,785 shares of the company’s stock after purchasing an additional 226 shares during the period. Vanguard Growth ETF accounts for 1.5% of Global Wealth Management Investment Advisory Inc.’s investment portfolio, making the stock its 16th largest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Growth ETF were worth $4,527,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in VUG. Annapolis Financial Services LLC boosted its holdings in Vanguard Growth ETF by 830.0% in the second quarter. Annapolis Financial Services LLC now owns 93 shares of the company’s stock valued at $27,000 after acquiring an additional 83 shares during the last quarter. Sageworth Trust Co acquired a new position in Vanguard Growth ETF in the first quarter valued at $29,000. Sage Financial Management Group Inc. acquired a new position in Vanguard Growth ETF in the first quarter valued at $51,000. IAG Wealth Partners LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at $62,000. Finally, Rice Partnership LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at $63,000.

Shares of VUG traded up $3.15 during midday trading on Wednesday, reaching $301.00. 26,976 shares of the company were exchanged, compared to its average volume of 842,700. The stock has a 50-day moving average price of $299.98 and a 200-day moving average price of $280.92. Vanguard Growth ETF has a 1-year low of $215.75 and a 1-year high of $309.59.

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.

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Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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