LVZ Inc. Purchases New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

LVZ Inc. bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 540 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in Vanguard Growth ETF by 34,615.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after purchasing an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Vanguard Growth ETF by 23.5% in the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after buying an additional 5,429,720 shares during the period. Lincoln National Corp purchased a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $293,111,000. Captrust Financial Advisors lifted its position in shares of Vanguard Growth ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after acquiring an additional 257,784 shares in the last quarter. Finally, BlueStem Wealth Partners LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth $85,709,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $393.47 on Wednesday. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The business’s fifty day moving average is $416.30 and its 200 day moving average is $401.10. The firm has a market cap of $381.97 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12.

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.