Kovack Advisors Inc. Buys 106,208 Shares of Vanguard Growth ETF $VUG

Kovack Advisors Inc. lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 520.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 126,623 shares of the company’s stock after acquiring an additional 106,208 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Growth ETF were worth $10,910,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Integrated Capital Management LLC grew its stake in Vanguard Growth ETF by 1.9% in the first quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock worth $496,000 after purchasing an additional 21 shares in the last quarter. Prepared Retirement Institute LLC raised its position in Vanguard Growth ETF by 0.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock valued at $1,824,000 after purchasing an additional 22 shares in the last quarter. Waterloo Capital L.P. raised its position in Vanguard Growth ETF by 2.7% during the 4th quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock valued at $402,000 after purchasing an additional 22 shares in the last quarter. Kaufman Rossin Wealth LLC lifted its holdings in shares of Vanguard Growth ETF by 3.6% in the 1st quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock worth $276,000 after buying an additional 22 shares during the period. Finally, Vermillion Wealth Management Inc. lifted its holdings in shares of Vanguard Growth ETF by 3.1% in the 1st quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock worth $334,000 after buying an additional 23 shares during the period.

Vanguard Growth ETF Trading Down 0.4%

VUG opened at $89.34 on Friday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The business’s fifty day simple moving average is $86.09 and its 200-day simple moving average is $82.23. The company has a market capitalization of $231.11 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. 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.