Principle Wealth Partners LLC Buys 4,003 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Principle Wealth Partners LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 124,542 shares of the company’s stock after buying an additional 4,003 shares during the period. Vanguard Growth ETF makes up about 3.3% of Principle Wealth Partners LLC’s portfolio, making the stock its 5th biggest holding. Principle Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $46,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC increased its stake in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Growth ETF by 10.1% in the 4th quarter. Vanguard Group Inc. now owns 169,258 shares of the company’s stock worth $69,470,000 after buying an additional 15,591 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in Vanguard Growth ETF in the 4th quarter worth $76,000. Modern Wealth Management LLC lifted its holdings in Vanguard Growth ETF by 47.2% in the 4th quarter. Modern Wealth Management LLC now owns 2,590 shares of the company’s stock worth $1,095,000 after buying an additional 831 shares in the last quarter. Finally, FineMark National Bank & Trust lifted its holdings in Vanguard Growth ETF by 14.2% in the 4th quarter. FineMark National Bank & Trust now owns 4,368 shares of the company’s stock worth $1,793,000 after buying an additional 543 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.0%

Shares of VUG traded up $4.31 during midday trading on Thursday, hitting $451.59. The company had a trading volume of 868,614 shares, compared to its average volume of 1,262,104. The company’s 50 day moving average price is $427.35 and its 200 day moving average price is $404.15. The stock has a market cap of $180.71 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $452.78.

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.