Hanover Advisors Inc. Has $3.26 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Hanover Advisors Inc. boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,944 shares of the company’s stock after buying an additional 202 shares during the quarter. Vanguard Growth ETF makes up approximately 1.4% of Hanover Advisors Inc.’s portfolio, making the stock its 10th largest holding. Hanover Advisors Inc.’s holdings in Vanguard Growth ETF were worth $3,260,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in Vanguard Growth ETF during the fourth quarter valued at about $28,000. Human Investing LLC bought a new position in Vanguard Growth ETF during the fourth quarter valued at about $28,000. Cardinal Strategic Wealth Guidance bought a new position in Vanguard Growth ETF during the fourth quarter valued at about $33,000. Providence First Trust Co bought a new position in Vanguard Growth ETF during the fourth quarter valued at about $33,000. Finally, Global Trust Asset Management LLC grew its position in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after buying an additional 75 shares during the period.

Vanguard Growth ETF Stock Up 1.8 %

NYSEARCA VUG opened at $405.73 on Friday. The company has a market cap of $393.87 billion, a PE ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The firm’s 50-day simple moving average is $417.45 and its two-hundred day simple moving average is $400.28.

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.