HBK Sorce Advisory LLC Grows Position in Vanguard Growth ETF $VUG

HBK Sorce Advisory LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 349.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,160 shares of the company’s stock after purchasing an additional 41,343 shares during the period. Vanguard Growth ETF accounts for 0.6% of HBK Sorce Advisory LLC’s portfolio, making the stock its 18th biggest position. HBK Sorce Advisory LLC’s holdings in Vanguard Growth ETF were worth $25,894,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 45,810.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after buying an additional 9,165,663 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the period. Bank of America Corp DE boosted its stake in Vanguard Growth ETF by 1.8% during the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after acquiring an additional 851,110 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Vanguard Growth ETF by 97.7% during the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock worth $538,790,000 after acquiring an additional 607,436 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $490.60 on Tuesday. The company has a 50 day simple moving average of $487.16 and a two-hundred day simple moving average of $465.94. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The company has a market capitalization of $199.14 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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.