Three Magnolias Financial Advisors LLC Purchases 12,823 Shares of Vanguard Growth ETF $VUG

Three Magnolias Financial Advisors LLC boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 486.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 15,457 shares of the company’s stock after purchasing an additional 12,823 shares during the quarter. Vanguard Growth ETF comprises about 0.7% of Three Magnolias Financial Advisors LLC’s holdings, making the stock its 24th biggest holding. Three Magnolias Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $1,331,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VUG. Canandaigua National Bank & Trust Co. purchased a new position in Vanguard Growth ETF in the 2nd quarter worth approximately $1,635,000. Abound Wealth Management boosted its stake in Vanguard Growth ETF by 602.7% during the 2nd quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock valued at $901,000 after purchasing an additional 8,968 shares during the last quarter. Calder Financial LLC boosted its stake in Vanguard Growth ETF by 502.0% during the 2nd quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock valued at $4,815,000 after purchasing an additional 46,609 shares during the last quarter. Integral Investment Advisors Inc. increased its holdings in shares of Vanguard Growth ETF by 508.8% in the 2nd quarter. Integral Investment Advisors Inc. now owns 189,663 shares of the company’s stock worth $16,338,000 after purchasing an additional 158,511 shares in the last quarter. Finally, Brighton Securities CORP. increased its holdings in shares of Vanguard Growth ETF by 522.9% in the 2nd quarter. Brighton Securities CORP. now owns 169,576 shares of the company’s stock worth $14,607,000 after purchasing an additional 142,351 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $88.87 on Tuesday. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The business has a fifty day moving average price of $86.14 and a 200-day moving average price of $82.29. The stock has a market capitalization of $229.89 billion, a P/E 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.