Quantum Financial Planning Services Inc. Takes $49.54 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Quantum Financial Planning Services Inc. purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 120,710 shares of the company’s stock, valued at approximately $49,544,000. Vanguard Growth ETF accounts for about 27.3% of Quantum Financial Planning Services Inc.’s investment portfolio, making the stock its 2nd largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oak Harvest Investment Services increased its stake in Vanguard Growth ETF by 23.0% during the 4th quarter. Oak Harvest Investment Services now owns 24,988 shares of the company’s stock valued at $10,256,000 after purchasing an additional 4,676 shares in the last quarter. Fiduciary Advisors Inc. purchased a new stake in Vanguard Growth ETF in the fourth quarter worth approximately $325,000. Clarity Financial LLC grew its position in Vanguard Growth ETF by 38.9% in the 4th quarter. Clarity Financial LLC now owns 2,041 shares of the company’s stock worth $838,000 after purchasing an additional 572 shares during the period. Calton & Associates Inc. lifted its holdings in shares of Vanguard Growth ETF by 54.9% during the 4th quarter. Calton & Associates Inc. now owns 18,116 shares of the company’s stock valued at $7,435,000 after buying an additional 6,423 shares during the period. Finally, Fifth Third Securities Inc. increased its position in Vanguard Growth ETF by 6.1% during the fourth quarter. Fifth Third Securities Inc. now owns 74,492 shares of the company’s stock valued at $30,575,000 after acquiring an additional 4,280 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.1 %

NYSEARCA VUG opened at $419.95 on Friday. Vanguard Growth ETF has a 52 week low of $317.59 and a 52 week high of $428.69. The firm has a market capitalization of $144.67 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a 50-day moving average price of $416.18 and a 200-day moving average price of $392.01.

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.