Ellis Investment Partners LLC Buys 2,275 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Ellis Investment Partners LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 70,546 shares of the company’s stock after purchasing an additional 2,275 shares during the period. Vanguard Growth ETF comprises approximately 5.6% of Ellis Investment Partners LLC’s portfolio, making the stock its 2nd largest holding. Ellis Investment Partners LLC’s holdings in Vanguard Growth ETF were worth $26,385,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in VUG. Global Assets Advisory LLC acquired a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $38,393,000. Comerica Bank increased its stake in Vanguard Growth ETF by 11.4% in the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock valued at $44,527,000 after purchasing an additional 14,695 shares during the last quarter. Integrity Wealth Solutions LLC purchased a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $8,769,000. Cosner Financial Group LLC acquired a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $776,000. Finally, Waterloo Capital L.P. purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $292,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $356.23 on Friday. The firm’s fifty day moving average price is $370.58 and its 200 day moving average price is $355.62. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The company has a market capitalization of $122.72 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.