Cumberland Advisors Inc. Raises Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Cumberland Advisors Inc. raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 30.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,930 shares of the company’s stock after acquiring an additional 3,460 shares during the period. Vanguard Growth ETF makes up approximately 2.3% of Cumberland Advisors Inc.’s holdings, making the stock its 12th biggest holding. Cumberland Advisors Inc.’s holdings in Vanguard Growth ETF were worth $5,732,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Keener Financial Planning LLC purchased a new stake in Vanguard Growth ETF during the 1st quarter valued at $29,000. New Millennium Group LLC purchased a new stake in Vanguard Growth ETF during the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in Vanguard Growth ETF during the 2nd quarter valued at $34,000. Stuart Chaussee & Associates Inc. purchased a new stake in Vanguard Growth ETF during the 1st quarter valued at $40,000. Finally, SYM FINANCIAL Corp raised its holdings in Vanguard Growth ETF by 37.9% during the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock valued at $45,000 after buying an additional 33 shares during the period.

Vanguard Growth ETF Trading Up 0.6 %

NYSEARCA:VUG traded up $2.43 during midday trading on Thursday, hitting $391.65. 401,959 shares of the company traded hands, compared to its average volume of 995,319. The firm’s fifty day moving average is $375.31 and its 200-day moving average is $363.28. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $393.71. The firm has a market capitalization of $134.92 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.