Parallel Advisors LLC Acquires 3,831 Shares of Vanguard Growth ETF $VUG

Parallel Advisors LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 18.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 24,132 shares of the company’s stock after acquiring an additional 3,831 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Growth ETF were worth $11,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VUG. Kilter Group LLC purchased a new position in shares of Vanguard Growth ETF in the second quarter worth $33,000. Anfield Capital Management LLC boosted its position in shares of Vanguard Growth ETF by 266.7% during the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after buying an additional 56 shares during the last quarter. Friedenthal Financial purchased a new stake in shares of Vanguard Growth ETF during the third quarter valued at $38,000. Ramirez Asset Management Inc. bought a new stake in Vanguard Growth ETF in the 3rd quarter worth about $38,000. Finally, Family Legacy Financial Solutions LLC bought a new stake in Vanguard Growth ETF in the 3rd quarter worth about $46,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $458.08 on Friday. The firm has a market cap of $191.08 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The business has a 50-day simple moving average of $475.68 and a two-hundred day simple moving average of $478.98. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38.

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.