522 Shares in Vanguard Growth ETF (NYSEARCA:VUG) Acquired by Topsail Wealth Management LLC

Topsail Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 522 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in Vanguard Growth ETF by 23.5% during the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after purchasing an additional 5,429,720 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after buying an additional 5,471,634 shares during the period. LPL Financial LLC increased its stake in shares of Vanguard Growth ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after acquiring an additional 142,346 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Vanguard Growth ETF by 15.3% during the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock valued at $1,639,116,000 after acquiring an additional 529,565 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Vanguard Growth ETF during the fourth quarter worth $970,862,000.

Vanguard Growth ETF Trading Up 1.5 %

VUG opened at $376.48 on Friday. The company has a fifty day moving average price of $375.55 and a two-hundred day moving average price of $398.27. 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 $373.11 billion, a P/E 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.