Vanguard Growth ETF $VUG Stock Bought by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 689,170 shares of the company’s stock after acquiring an additional 22,802 shares during the quarter. Vanguard Growth ETF comprises approximately 11.4% of MBM Wealth Consultants LLC’s holdings, making the stock its largest position. MBM Wealth Consultants LLC’s holdings in Vanguard Growth ETF were worth $62,101,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 458.6% during the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Growth ETF by 573.4% in the second quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock valued at $5,043,716,000 after acquiring an additional 49,861,056 shares in the last quarter. EP Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 539.0% during the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after acquiring an additional 19,678,907 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Growth ETF by 513.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after acquiring an additional 9,112,231 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Vanguard Growth ETF by 505.8% during the second quarter. HighTower Advisors LLC now owns 9,627,196 shares of the company’s stock valued at $829,287,000 after acquiring an additional 8,038,008 shares during the period.

Vanguard Growth ETF Price Performance

Shares of VUG traded up $0.06 during midday trading on Tuesday, reaching $88.88. The stock had a trading volume of 3,111,180 shares, compared to its average volume of 8,164,258. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $93.00. The firm’s 50 day moving average price is $89.19 and its 200-day moving average price is $86.30. The company has a market capitalization of $229.78 billion, a P/E ratio of 36.22 and a beta of 1.22.

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.