Vanguard Growth ETF $VUG Stock Position Increased by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUGFree Report) by 235.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,166 shares of the company’s stock after buying an additional 20,462 shares during the period. Vanguard Growth ETF accounts for 3.2% of Magnolia Capital Advisors LLC’s holdings, making the stock its 2nd biggest position. Magnolia Capital Advisors LLC’s holdings in Vanguard Growth ETF were worth $12,786,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Allianz SE purchased a new stake in Vanguard Growth ETF during the first quarter worth $29,000. Hager Investment Management Services LLC purchased a new stake in Vanguard Growth ETF during the first quarter worth $31,000. Costello Asset Management INC purchased a new stake in Vanguard Growth ETF during the first quarter worth $31,000. Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF during the second quarter worth $31,000. Finally, Biltmore Family Office LLC purchased a new stake in Vanguard Growth ETF during the second quarter worth $31,000.

Vanguard Growth ETF Stock Up 0.6%

VUG opened at $501.84 on Tuesday. The company has a market cap of $203.71 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The firm’s fifty day simple moving average is $477.76 and its two-hundred day simple moving average is $443.43.

About Vanguard Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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