Three Magnolias Financial Advisors LLC Buys 12,823 Shares of Vanguard Growth ETF $VUG

Three Magnolias Financial Advisors LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 486.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,457 shares of the company’s stock after purchasing an additional 12,823 shares during the period. Vanguard Growth ETF makes up 0.7% of Three Magnolias Financial Advisors LLC’s investment portfolio, making the stock its 24th largest holding. Three Magnolias Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $1,331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Clark Wealth Partners grew its position in Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 255 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF during the 3rd quarter valued at $26,000. Kentucky Trust Co lifted its holdings in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after buying an additional 280 shares during the period. Byrne Asset Management LLC lifted its holdings in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after buying an additional 310 shares during the period. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $35,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $88.87 on Tuesday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The company has a market cap of $229.89 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock’s fifty day moving average price is $86.14 and its 200-day moving average price is $82.29.

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.