NewEdge Advisors LLC Raises Stock Position in Vanguard Growth ETF $VUG

NewEdge Advisors LLC raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 503.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,441,322 shares of the company’s stock after purchasing an additional 2,036,722 shares during the quarter. Vanguard Growth ETF comprises about 0.6% of NewEdge Advisors LLC’s investment portfolio, making the stock its 29th biggest position. NewEdge Advisors LLC’s holdings in Vanguard Growth ETF were worth $210,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after acquiring an additional 870 shares in the last quarter. Jump Financial LLC acquired a new stake in Vanguard Growth ETF during the 2nd quarter valued at $1,859,000. Gamco Investors INC. ET AL acquired a new stake in Vanguard Growth ETF during the 2nd quarter valued at $320,000. Alliancebernstein L.P. increased its position in shares of Vanguard Growth ETF by 142.2% during the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after acquiring an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $88.12 on Wednesday. The stock has a market capitalization of $227.95 billion, a PE ratio of 36.22 and a beta of 1.22. The firm’s fifty day moving average price is $87.00 and its 200 day moving average price is $83.37. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60.

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.