Richardson Financial Services Inc. Grows Holdings in Vanguard Growth ETF $VUG

Richardson Financial Services Inc. lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 498.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,175 shares of the company’s stock after purchasing an additional 69,282 shares during the period. Vanguard Growth ETF accounts for about 4.1% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Richardson Financial Services Inc.’s holdings in Vanguard Growth ETF were worth $7,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of VUG. Bank of America Corp DE raised its position in shares of Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after acquiring an additional 6,771,524 shares in the last quarter. Valpey Financial Services LLC boosted its holdings in shares of Vanguard Growth ETF by 46,787.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after buying an additional 8,151,373 shares in the last quarter. LPL Financial LLC grew its position in shares of 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 buying an additional 24,146 shares during the period. Lincoln National Corp increased its stake in shares of Vanguard Growth ETF by 466.3% in the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after acquiring an additional 3,352,590 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Vanguard Growth ETF by 587.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,704,579 shares of the company’s stock worth $319,112,000 after acquiring an additional 3,166,000 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $87.93 on Thursday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a market cap of $227.46 billion, a P/E ratio of 36.22 and a beta of 1.22. The firm has a 50-day moving average of $86.28 and a 200 day moving average of $82.38.

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.