Investment Advisory Group LLC Increases Position in Vanguard Growth ETF $VUG

Investment Advisory Group LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.1% in the third quarter, Holdings Channel.com reports. The firm owned 57,320 shares of the company’s stock after buying an additional 2,781 shares during the period. Vanguard Growth ETF comprises approximately 7.5% of Investment Advisory Group LLC’s investment portfolio, making the stock its biggest holding. Investment Advisory Group LLC’s holdings in Vanguard Growth ETF were worth $27,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC grew its holdings in Vanguard Growth ETF by 45,810.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares in the last quarter. Vantagepoint Investment Advisers LLC boosted its holdings in Vanguard Growth ETF by 12,542.9% during the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock worth $515,413,000 after acquiring an additional 1,066,150 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Growth ETF by 1.8% in the 2nd 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 raised its holdings in shares of Vanguard Growth ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after purchasing an additional 607,436 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after purchasing an additional 424,342 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $486.78 on Tuesday. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The firm’s 50-day simple moving average is $486.71 and its 200 day simple moving average is $476.21. The stock has a market cap of $203.05 billion, a PE 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.