Vanguard Growth ETF $VUG Stake Boosted by IFP Advisors Inc

IFP Advisors Inc boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 29.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 962,543 shares of the company’s stock after purchasing an additional 219,562 shares during the quarter. Vanguard Growth ETF makes up about 1.5% of IFP Advisors Inc’s investment portfolio, making the stock its 5th largest holding. IFP Advisors Inc’s holdings in Vanguard Growth ETF were worth $86,735,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after buying an additional 6,771,524 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Growth ETF by 458.6% in the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Growth ETF by 573.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock valued at $5,043,716,000 after buying an additional 49,861,056 shares during the period. EP Wealth Advisors LLC grew its position in shares of Vanguard Growth ETF by 539.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after buying an additional 19,678,907 shares during the last quarter. Finally, Mather Group LLC. grew its position in shares of Vanguard Growth ETF by 9.1% during the 3rd quarter. Mather Group LLC. now owns 16,589,261 shares of the company’s stock valued at $1,494,858,000 after buying an additional 1,386,967 shares during the last quarter.

Vanguard Growth ETF Stock Down 2.1%

VUG opened at $87.93 on Friday. The firm has a market cap of $227.33 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $93.00. The company’s 50-day moving average price is $89.20 and its 200 day moving average price is $86.07.

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.