Sequoia Financial Advisors LLC Grows Stock Position in Vanguard Growth ETF $VUG

Sequoia Financial Advisors LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 533.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,187,134 shares of the company’s stock after buying an additional 1,841,664 shares during the quarter. Vanguard Growth ETF accounts for about 0.9% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 23rd largest holding. Sequoia Financial Advisors LLC owned about 0.08% of Vanguard Growth ETF worth $188,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VUG. Clark Wealth Partners boosted its position in Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 255 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF during the third quarter worth $26,000. Kentucky Trust Co grew its position in Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after buying an additional 280 shares during the period. Byrne Asset Management LLC increased its holdings in Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after buying an additional 310 shares in the last quarter. Finally, Field & Main Bank acquired a new position in shares of Vanguard Growth ETF in the second quarter worth about $39,000.

Vanguard Growth ETF Stock Down 0.5%

NYSEARCA:VUG opened at $87.68 on Thursday. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The stock’s 50-day moving average price is $87.03 and its 200-day moving average price is $83.44. The stock has a market capitalization of $226.81 billion, a PE ratio of 36.22 and a beta of 1.22.

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.