FWG Investments LLC. Invests $5.91 Million in Vanguard Growth ETF $VUG

FWG Investments LLC. bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 13,483 shares of the company’s stock, valued at approximately $5,911,000. Vanguard Growth ETF comprises 4.5% of FWG Investments LLC.’s holdings, making the stock its 3rd largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of Vanguard Growth ETF by 20,581.9% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 832,862 shares of the company’s stock valued at $308,842,000 after purchasing an additional 828,835 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 101.4% in the first quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock valued at $340,990,000 after purchasing an additional 463,025 shares during the last quarter. Merit Financial Group LLC lifted its position in Vanguard Growth ETF by 73.9% during the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock worth $358,372,000 after buying an additional 347,412 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted 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.

Vanguard Growth ETF Stock Down 1.6%

Shares of NYSEARCA:VUG opened at $496.34 on Friday. The business has a fifty day moving average of $476.06 and a two-hundred day moving average of $440.24. The stock has a market cap of $201.47 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38.

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.