Prospera Financial Services Inc Grows Position in Vanguard Growth ETF $VUG

Prospera Financial Services Inc increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 30.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 76,529 shares of the company’s stock after buying an additional 17,755 shares during the quarter. Vanguard Growth ETF makes up about 0.6% of Prospera Financial Services Inc’s portfolio, making the stock its 27th largest position. Prospera Financial Services Inc’s holdings in Vanguard Growth ETF were worth $33,572,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Growth ETF by 12.9% in the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard Growth ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock valued at $3,562,911,000 after buying an additional 79,107 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Growth ETF by 9.3% during the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after buying an additional 330,550 shares in the last quarter. TIAA Trust National Association increased its stake in Vanguard Growth ETF by 0.5% in the 1st quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after acquiring an additional 17,656 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 3.4% in the 1st quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock valued at $1,237,228,000 after acquiring an additional 109,654 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.3%

Shares of VUG stock opened at $484.48 on Friday. The business has a 50-day moving average price of $480.04 and a two-hundred day moving average price of $446.05. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38. The firm has a market cap of $196.66 billion, a P/E ratio of 36.22 and a beta of 1.17.

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.