Freedom Investment Management Inc. Has $607,000 Stake in Vanguard Growth ETF $VUG

Freedom Investment Management Inc. grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 506.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,047 shares of the company’s stock after purchasing an additional 5,885 shares during the period. Vanguard Growth ETF comprises approximately 0.2% of Freedom Investment Management Inc.’s portfolio, making the stock its 29th biggest position. Freedom Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. TPG Financial Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 515.4% in the second quarter. TPG Financial Advisors LLC now owns 77,541 shares of the company’s stock valued at $6,679,000 after purchasing an additional 64,941 shares in the last quarter. Empirical Asset Management LLC raised its position in Vanguard Growth ETF by 11.7% in the 2nd quarter. Empirical Asset Management LLC now owns 12,591 shares of the company’s stock valued at $1,085,000 after buying an additional 1,322 shares during the last quarter. Great Lakes Advisors LLC raised its position in Vanguard Growth ETF by 499.9% in the 2nd quarter. Great Lakes Advisors LLC now owns 64,685 shares of the company’s stock valued at $5,572,000 after buying an additional 53,902 shares during the last quarter. Comprehensive Financial Planning Inc. PA lifted its stake in Vanguard Growth ETF by 501.0% during the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 1,881 shares of the company’s stock valued at $162,000 after acquiring an additional 1,568 shares in the last quarter. Finally, Richardson Financial Services Inc. lifted its stake in Vanguard Growth ETF by 498.7% during the 2nd quarter. Richardson Financial Services Inc. now owns 83,175 shares of the company’s stock valued at $7,165,000 after acquiring an additional 69,282 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $87.93 on Thursday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The company has a market capitalization of $227.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm’s fifty day moving average price is $86.28 and its two-hundred day moving average price is $82.38.

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.