Richardson Financial Services Inc. Raises Stake in Vanguard Growth ETF $VUG

Richardson Financial Services Inc. grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 498.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,175 shares of the company’s stock after buying an additional 69,282 shares during the quarter. Vanguard Growth ETF accounts for 4.1% of Richardson Financial Services Inc.’s portfolio, making the stock its 4th largest position. Richardson Financial Services Inc.’s holdings in Vanguard Growth ETF were worth $7,165,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Valpey Financial Services LLC raised its stake in shares of Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after purchasing an additional 8,151,373 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Vanguard Growth ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after buying an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Vanguard Growth ETF during the 4th quarter valued at about $1,690,059,000. Lincoln National Corp boosted its holdings in shares of Vanguard Growth ETF by 466.3% during the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock valued at $350,731,000 after acquiring an additional 3,352,590 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Vanguard Growth ETF by 587.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,704,579 shares of the company’s stock valued at $319,112,000 after acquiring an additional 3,166,000 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.1%

VUG opened at $87.93 on Thursday. The stock has a market capitalization of $227.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm has a 50 day moving average price of $86.28 and a 200-day moving average price of $82.38. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

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.