Valmark Advisers Inc. Boosts Holdings in Vanguard Growth ETF $VUG

Valmark Advisers Inc. lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 0.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,406 shares of the company’s stock after purchasing an additional 53 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Growth ETF were worth $4,562,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jones Financial Companies Lllp raised its holdings in Vanguard Growth ETF by 12.9% in the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after buying an additional 3,694,339 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its stake 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 worth $308,842,000 after acquiring an additional 828,835 shares during the period. Bell Bank purchased a new position in shares of Vanguard Growth ETF in the first quarter worth approximately $207,815,000. Wealthspire Advisors LLC boosted 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 worth $340,990,000 after buying an additional 463,025 shares during the last quarter. Finally, Money Design Co. Ltd. lifted its holdings in Vanguard Growth ETF by 286.8% during the first quarter. Money Design Co. Ltd. now owns 542,744 shares of the company’s stock valued at $201,260,000 after purchasing an additional 402,421 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.6%

Shares of Vanguard Growth ETF stock opened at $482.11 on Wednesday. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $486.08. The stock’s 50-day simple moving average is $466.11 and its 200-day simple moving average is $425.74. The company has a market capitalization of $195.70 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11.

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.