Vanguard Growth ETF (NYSEARCA:VUG) Stake Lifted by JNBA Financial Advisors

JNBA Financial Advisors lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,654 shares of the company’s stock after purchasing an additional 1,564 shares during the period. Vanguard Growth ETF accounts for 2.8% of JNBA Financial Advisors’ investment portfolio, making the stock its 7th biggest holding. JNBA Financial Advisors’ holdings in Vanguard Growth ETF were worth $28,278,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of VUG. Strategic Financial Concepts LLC grew its position in shares of Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Vanguard Growth ETF in the second quarter valued at approximately $270,138,000. Axiom Advisory LLC lifted its position in Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after purchasing an additional 614,652 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Vanguard Growth ETF by 114.2% in the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after buying an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $181,622,000.

Vanguard Growth ETF Stock Up 1.7 %

NYSEARCA:VUG traded up $6.58 during midday trading on Wednesday, hitting $396.79. The company had a trading volume of 637,957 shares, compared to its average volume of 1,016,950. The company has a market capitalization of $136.69 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $281.48 and a 52-week high of $398.59. The stock’s fifty day moving average price is $381.16 and its 200-day moving average price is $368.60.

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.