TPG Financial Advisors LLC Acquires 8,378 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

TPG Financial Advisors LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 64.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,434 shares of the company’s stock after purchasing an additional 8,378 shares during the quarter. Vanguard Growth ETF accounts for about 3.5% of TPG Financial Advisors LLC’s portfolio, making the stock its 11th largest holding. TPG Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $7,948,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VUG. Accredited Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $26,000. Human Investing LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $28,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $30,000. Providence First Trust Co acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $33,000. Finally, Putney Financial Group LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $37,000.

Vanguard Growth ETF Trading Down 1.4%

NYSEARCA VUG opened at $418.33 on Friday. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11. The company has a market cap of $414.59 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18. The company has a 50 day moving average of $391.36 and a 200-day moving average of $400.57.

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.