Uptown Financial Advisors LLC Buys 155,264 Shares of Vanguard Growth ETF $VUG

Uptown Financial Advisors LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 494.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,647 shares of the company’s stock after acquiring an additional 155,264 shares during the period. Vanguard Growth ETF accounts for about 10.6% of Uptown Financial Advisors LLC’s portfolio, making the stock its biggest position. Uptown Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $16,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth $35,000. Garner Asset Management Corp acquired a new position in Vanguard Growth ETF in the fourth quarter valued at about $41,000. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Growth ETF in the fourth quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $44,000.

Vanguard Growth ETF Stock Down 0.7%

VUG opened at $88.59 on Wednesday. The stock has a market capitalization of $229.17 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The company has a 50-day simple moving average of $86.01 and a 200 day simple moving average of $82.05.

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. 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.