Brown Wealth Management LLC Has $26.20 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Brown Wealth Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 63,827 shares of the company’s stock after acquiring an additional 1,651 shares during the period. Vanguard Growth ETF accounts for about 9.3% of Brown Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Brown Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $26,197,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Baird Financial Group Inc. boosted its holdings in shares of Vanguard Growth ETF by 37.5% during the 4th quarter. Baird Financial Group Inc. now owns 440,966 shares of the company’s stock worth $180,990,000 after buying an additional 120,318 shares during the period. Benjamin Edwards Inc. lifted its position in Vanguard Growth ETF by 81.4% during the fourth quarter. Benjamin Edwards Inc. now owns 6,473 shares of the company’s stock worth $2,659,000 after acquiring an additional 2,904 shares during the last quarter. BIP Wealth LLC boosted its holdings in shares of Vanguard Growth ETF by 12.0% during the fourth quarter. BIP Wealth LLC now owns 11,669 shares of the company’s stock worth $4,789,000 after acquiring an additional 1,251 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Vanguard Growth ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock worth $1,453,526,000 after purchasing an additional 23,605 shares during the period. Finally, Alteri Wealth LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $736,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $389.30 on Friday. The firm has a 50-day moving average of $371.91 and a 200-day moving average of $398.06. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11. The stock has a market cap of $385.82 billion, a PE ratio of 31.99 and a beta of 1.19.

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.