Ibex Wealth Advisors Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Ibex Wealth Advisors purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,223 shares of the company’s stock, valued at approximately $2,554,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Pekin Hardy Strauss Inc. boosted its stake in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after acquiring an additional 25 shares in the last quarter. IFG Advisors LLC lifted its stake in Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after buying an additional 27 shares in the last quarter. Stockman Wealth Management Inc. lifted its stake in Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after buying an additional 27 shares in the last quarter. Rakuten Securities Inc. lifted its stake in Vanguard Growth ETF by 8.5% in the 3rd quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after buying an additional 27 shares in the last quarter. Finally, HBW Advisory Services LLC lifted its stake in Vanguard Growth ETF by 0.8% in the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock valued at $1,448,000 after buying an additional 27 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.8 %

VUG traded down $3.40 during trading on Wednesday, reaching $418.74. The company’s stock had a trading volume of 178,728 shares, compared to its average volume of 1,376,622. The firm has a fifty day simple moving average of $415.86 and a two-hundred day simple moving average of $391.82. Vanguard Growth ETF has a 1 year low of $317.59 and a 1 year high of $428.69. The company has a market cap of $144.25 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.