M3 Wealth Management LLC Makes New $5.17 Million Investment in Vanguard S&P 500 Growth ETF $VOOG

M3 Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 11,619 shares of the company’s stock, valued at approximately $5,166,000. Vanguard S&P 500 Growth ETF makes up 4.1% of M3 Wealth Management LLC’s holdings, making the stock its 4th largest position.

Several other large investors also recently bought and sold shares of VOOG. AQR Capital Management LLC purchased a new stake in Vanguard S&P 500 Growth ETF during the 1st quarter worth approximately $355,000. Goldman Sachs Group Inc. increased its stake in Vanguard S&P 500 Growth ETF by 5.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 70,122 shares of the company’s stock worth $23,454,000 after buying an additional 3,590 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Vanguard S&P 500 Growth ETF by 362.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,032 shares of the company’s stock worth $409,000 after buying an additional 809 shares in the last quarter. Invesco Ltd. purchased a new stake in Vanguard S&P 500 Growth ETF during the 2nd quarter worth approximately $499,000. Finally, Qube Research & Technologies Ltd increased its stake in Vanguard S&P 500 Growth ETF by 66.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 971 shares of the company’s stock worth $385,000 after buying an additional 387 shares in the last quarter.

Vanguard S&P 500 Growth ETF Trading Up 1.3%

NYSEARCA:VOOG opened at $83.14 on Wednesday. Vanguard S&P 500 Growth ETF has a 12 month low of $61.51 and a 12 month high of $83.60. The stock has a 50 day moving average of $75.38 and a two-hundred day moving average of $74.11. The firm has a market cap of $4.24 billion, a P/E ratio of 31.89 and a beta of 1.17.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.