Ipsen Advisor Group LLC Makes New $572,000 Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Ipsen Advisor Group LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,394 shares of the company’s stock, valued at approximately $572,000.

Several other hedge funds also recently modified their holdings of VUG. Jones Financial Companies Lllp raised its position in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after purchasing an additional 5,429,720 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Growth ETF by 34,615.3% in 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 buying an additional 5,471,634 shares during the period. LPL Financial LLC raised its holdings in Vanguard Growth ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after buying an additional 142,346 shares during the last quarter. EP Wealth Advisors LLC boosted its position in Vanguard Growth ETF by 6.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after buying an additional 194,506 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $970,862,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $391.70 on Wednesday. The stock has a market cap of $388.19 billion, a P/E ratio of 35.10 and a beta of 1.14. The firm has a 50 day moving average price of $406.41 and a two-hundred day moving average price of $402.05. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

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.