Investor s Fiduciary Advisor Network LLC Raises Holdings in Vanguard Growth ETF $VUG

Investor s Fiduciary Advisor Network LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 396.5% in the 2nd quarter, Holdings Channel reports. The fund owned 27,777 shares of the company’s stock after buying an additional 22,183 shares during the quarter. Investor s Fiduciary Advisor Network LLC’s holdings in Vanguard Growth ETF were worth $2,392,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clark Wealth Partners raised its stake in Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after acquiring an additional 255 shares during the period. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF during the third quarter worth about $26,000. Kentucky Trust Co boosted its position in Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after purchasing an additional 280 shares during the period. Byrne Asset Management LLC increased its stake in shares of Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $35,000.

Vanguard Growth ETF Stock Up 1.5%

NYSEARCA VUG opened at $88.88 on Friday. The company’s 50 day moving average is $86.77 and its 200-day moving average is $83.12. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The firm has a market cap of $229.92 billion, a P/E ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.