Beacon Financial Advisory LLC Boosts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Beacon Financial Advisory LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 19.2% during the first quarter, HoldingsChannel reports. The firm owned 3,090 shares of the company’s stock after buying an additional 497 shares during the period. Beacon Financial Advisory LLC’s holdings in Vanguard Growth ETF were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Jones Financial Companies Lllp raised its position in Vanguard Growth ETF by 23.5% in the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after buying an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Growth ETF in the fourth quarter worth approximately $970,862,000. GAMMA Investing LLC raised its holdings in shares of Vanguard Growth ETF by 46,224.2% during the first quarter. GAMMA Investing LLC now owns 1,364,247 shares of the company’s stock valued at $505,890,000 after purchasing an additional 1,361,302 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $458,461,000. Finally, Lincoln National Corp bought a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $293,111,000.

Vanguard Growth ETF Trading Up 0.8%

Shares of VUG stock opened at $433.69 on Friday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $434.22. The stock has a market capitalization of $173.73 billion, a P/E ratio of 36.22 and a beta of 1.11. The firm’s 50 day moving average is $403.52 and its 200 day moving average is $401.13.

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.