Modern Wealth Management LLC Grows Position in Vanguard Growth ETF $VUG

Modern Wealth Management LLC boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 34.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,441 shares of the company’s stock after acquiring an additional 1,141 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,130,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Acas LLC increased its position in shares of Vanguard Growth ETF by 0.5% in the 2nd quarter. Acas LLC now owns 4,414 shares of the company’s stock valued at $2,043,000 after purchasing an additional 22 shares during the last quarter. Vision Capital Management Inc. lifted its position in shares of Vanguard Growth ETF by 1.1% during the 3rd quarter. Vision Capital Management Inc. now owns 1,958 shares of the company’s stock worth $939,000 after purchasing an additional 22 shares during the last quarter. Strategic Equity Management lifted its position in shares of Vanguard Growth ETF by 0.3% during the 3rd quarter. Strategic Equity Management now owns 6,552 shares of the company’s stock worth $3,142,000 after purchasing an additional 22 shares during the last quarter. Rossby Financial LCC grew its stake in shares of Vanguard Growth ETF by 3.6% during the third quarter. Rossby Financial LCC now owns 629 shares of the company’s stock worth $303,000 after purchasing an additional 22 shares in the last quarter. Finally, Proathlete Wealth Management LLC grew its stake in shares of Vanguard Growth ETF by 6.4% during the third quarter. Proathlete Wealth Management LLC now owns 385 shares of the company’s stock worth $185,000 after purchasing an additional 23 shares in the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $458.08 on Monday. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The firm has a market capitalization of $191.08 billion, a PE ratio of 36.22 and a beta of 1.17. The business’s fifty day moving average price is $475.68 and its 200 day moving average price is $479.16.

Vanguard Growth ETF 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.