JNBA Financial Advisors Purchases 483,820 Shares of Vanguard Growth ETF $VUG

JNBA Financial Advisors boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 495.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 581,566 shares of the company’s stock after buying an additional 483,820 shares during the period. Vanguard Growth ETF accounts for about 2.5% of JNBA Financial Advisors’ portfolio, making the stock its 8th largest holding. JNBA Financial Advisors’ holdings in Vanguard Growth ETF were worth $50,096,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VUG. Brighton Jones LLC boosted its stake in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after purchasing an additional 870 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Vanguard Growth ETF in the second quarter valued at about $1,859,000. Gamco Investors INC. ET AL purchased a new position in shares of Vanguard Growth ETF in the second quarter worth about $320,000. Alliancebernstein L.P. lifted its stake 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 worth $316,894,000 after buying an additional 424,342 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after buying an additional 158 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $88.54 on Monday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The stock has a market cap of $229.04 billion, a PE ratio of 36.22 and a beta of 1.22. The company has a 50-day moving average of $86.47 and a 200 day moving average of $82.82.

Vanguard Growth ETF Company 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.