Bay Capital Advisors LLC Makes New $1.17 Million Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Bay Capital Advisors LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,860 shares of the company’s stock, valued at approximately $1,174,000. Vanguard Growth ETF accounts for about 0.9% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other hedge funds also recently made changes to their positions in the company. Pitcairn Co. purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth about $490,000. Pekin Hardy Strauss Inc. grew its position in shares of Vanguard Growth ETF by 1.2% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after buying an additional 25 shares during the last quarter. Prosperity Financial Group Inc. increased its stake in shares of Vanguard Growth ETF by 7.0% during the third quarter. Prosperity Financial Group Inc. now owns 1,759 shares of the company’s stock valued at $675,000 after buying an additional 115 shares during the period. Independent Advisor Alliance raised its holdings in shares of Vanguard Growth ETF by 2.9% during the third quarter. Independent Advisor Alliance now owns 1,430 shares of the company’s stock valued at $549,000 after acquiring an additional 40 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its stake in Vanguard Growth ETF by 194.7% in the third quarter. Loomis Sayles & Co. L P now owns 14,595 shares of the company’s stock worth $5,604,000 after acquiring an additional 9,643 shares during the period.

Vanguard Growth ETF Trading Up 2.3 %

Shares of Vanguard Growth ETF stock opened at $389.20 on Tuesday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The company has a market cap of $385.72 billion, a P/E ratio of 35.10 and a beta of 1.14. The company’s fifty day simple moving average is $406.65 and its two-hundred day simple moving average is $401.80.

Vanguard Growth ETF Company 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.