Focus Financial Network Inc. Purchases 66,973 Shares of Vanguard Growth ETF $VUG

Focus Financial Network Inc. lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 519.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 79,877 shares of the company’s stock after buying an additional 66,973 shares during the quarter. Focus Financial Network Inc.’s holdings in Vanguard Growth ETF were worth $6,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of Vanguard Growth ETF by 14.1% in the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after acquiring an additional 6,771,524 shares in the last quarter. Valpey Financial Services LLC raised its stake in Vanguard Growth ETF by 46,787.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after purchasing an additional 8,151,373 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Growth ETF by 0.4% in the 4th quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock worth $2,678,790,000 after purchasing an additional 24,146 shares in the last quarter. TIAA Trust National Association boosted its holdings in Vanguard Growth ETF by 2.6% in the 4th quarter. TIAA Trust National Association now owns 3,601,607 shares of the company’s stock valued at $1,757,086,000 after purchasing an additional 89,760 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in Vanguard Growth ETF in the 4th quarter valued at about $1,690,059,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $89.40 on Monday. The company’s 50 day moving average price is $86.06 and its two-hundred day moving average price is $81.91. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The firm has a market cap of $231.26 billion, a PE ratio of 36.22 and a beta of 1.22.

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.