LPL Financial LLC Raises Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

LPL Financial LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,128,614 shares of the company’s stock after purchasing an additional 142,346 shares during the period. Vanguard Growth ETF comprises about 0.9% of LPL Financial LLC’s portfolio, making the stock its 18th biggest position. LPL Financial LLC’s holdings in Vanguard Growth ETF were worth $2,104,988,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VUG. Jennison Associates LLC increased its stake in shares of Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after buying an additional 1,779 shares during the period. King Luther Capital Management Corp increased its stake in shares of Vanguard Growth ETF by 24.9% during the third quarter. King Luther Capital Management Corp now owns 1,778 shares of the company’s stock worth $683,000 after buying an additional 355 shares during the period. 49 Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth approximately $263,000. Allen Capital Group LLC increased its stake in shares of Vanguard Growth ETF by 2.7% during the third quarter. Allen Capital Group LLC now owns 1,355 shares of the company’s stock worth $520,000 after buying an additional 35 shares during the period. Finally, Mason Investment Advisory Services Inc. increased its stake in shares of Vanguard Growth ETF by 14.7% during the third quarter. Mason Investment Advisory Services Inc. now owns 2,012 shares of the company’s stock worth $772,000 after buying an additional 258 shares during the period.

Vanguard Growth ETF Stock Performance

VUG stock opened at $380.36 on Friday. The company’s 50 day moving average price is $406.98 and its 200 day moving average price is $401.35. The firm has a market capitalization of $376.96 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11.

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.