Zhang Financial LLC Acquires 331,304 Shares of Vanguard Growth ETF $VUG

Zhang Financial LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 534.8% in the second quarter, HoldingsChannel.com reports. The fund owned 393,248 shares of the company’s stock after acquiring an additional 331,304 shares during the period. Vanguard Growth ETF comprises about 1.0% of Zhang Financial LLC’s portfolio, making the stock its 22nd largest holding. Zhang Financial LLC’s holdings in Vanguard Growth ETF were worth $33,874,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of VUG. Brighton Jones LLC lifted its holdings in Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares during the period. Jump Financial LLC purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $1,859,000. Gamco Investors INC. ET AL purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $320,000. Alliancebernstein L.P. boosted its position in shares of Vanguard Growth ETF by 142.2% during the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after purchasing an additional 424,342 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its position in shares of Vanguard Growth ETF by 3.3% during the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after purchasing an additional 158 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.5%

Shares of VUG stock opened at $88.87 on Tuesday. The business’s fifty day moving average is $86.14 and its 200 day moving average is $82.29. The stock has a market cap of $229.89 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

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.