Global Wealth Management LLC Raises Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Global Wealth Management LLC boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 21.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,062 shares of the company’s stock after purchasing an additional 191 shares during the period. Vanguard Growth ETF comprises approximately 0.3% of Global Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Global Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $436,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. lifted its holdings in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after acquiring an additional 25 shares during the last quarter. IFG Advisors LLC grew its position in shares of Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock worth $795,000 after buying an additional 27 shares during the last quarter. Stockman Wealth Management Inc. raised its holdings in Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock worth $455,000 after purchasing an additional 27 shares in the last quarter. Rakuten Securities Inc. raised its stake in Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after buying an additional 27 shares in the last quarter. Finally, HBW Advisory Services LLC lifted its stake in shares of Vanguard Growth ETF by 0.8% in the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock valued at $1,448,000 after purchasing an additional 27 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $415.91 on Monday. Vanguard Growth ETF has a fifty-two week low of $312.19 and a fifty-two week high of $428.69. The stock has a market cap of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26. The firm’s 50-day simple moving average is $413.64 and its two-hundred day simple moving average is $390.10.

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.