Vanguard Growth ETF $VUG Shares Purchased by Novak & Powell Financial Services Inc.

Novak & Powell Financial Services Inc. raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 30.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,708 shares of the company’s stock after purchasing an additional 6,206 shares during the quarter. Vanguard Growth ETF comprises 6.7% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its largest holding. Novak & Powell Financial Services Inc.’s holdings in Vanguard Growth ETF were worth $12,809,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Vanguard Growth ETF by 5.4% in the 4th 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 during the last quarter. Citigroup Inc. grew its stake in shares of Vanguard Growth ETF by 38.5% in the 2nd quarter. Citigroup Inc. now owns 871,186 shares of the company’s stock worth $381,928,000 after purchasing an additional 242,233 shares during the last quarter. Rothschild Investment LLC grew its stake in shares of Vanguard Growth ETF by 0.4% in the 2nd quarter. Rothschild Investment LLC now owns 7,825 shares of the company’s stock worth $3,430,000 after purchasing an additional 31 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its stake in Vanguard Growth ETF by 2.1% in the 2nd quarter. Mosaic Family Wealth Partners LLC now owns 322,237 shares of the company’s stock worth $141,269,000 after acquiring an additional 6,743 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in Vanguard Growth ETF by 73.0% during the 2nd quarter. Root Financial Partners LLC now owns 46,037 shares of the company’s stock worth $20,183,000 after acquiring an additional 19,429 shares during the period.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $455.58 on Tuesday. The stock has a market cap of $190.04 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The stock’s 50-day moving average is $472.03 and its two-hundred day moving average is $479.16.

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.