Integrated Wealth Concepts LLC Purchases 410,774 Shares of Vanguard Growth ETF $VUG

Integrated Wealth Concepts LLC boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 601.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 479,122 shares of the company’s stock after acquiring an additional 410,774 shares during the period. Integrated Wealth Concepts LLC’s holdings in Vanguard Growth ETF were worth $41,272,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF in the third quarter worth about $26,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $41,000. Lifetime Wealth Management P.C. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $44,000. Elyxium Wealth LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $47,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $48,000.

Vanguard Growth ETF Trading Down 0.4%

Shares of VUG opened at $88.12 on Wednesday. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm has a market capitalization of $227.95 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm’s 50-day moving average price is $87.00 and its 200-day moving average price is $83.37.

Vanguard Growth ETF 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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.