Gateway Wealth Partners LLC Has $947,000 Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Gateway Wealth Partners LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 27.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,306 shares of the company’s stock after buying an additional 493 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $947,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $28,000. Global Trust Asset Management LLC lifted its holdings in Vanguard Growth ETF by 1,071.4% during the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF during the 3rd quarter valued at about $35,000. Rosenberg Matthew Hamilton raised its stake in shares of Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares during the last quarter. Finally, Transcendent Capital Group LLC raised its stake in shares of Vanguard Growth ETF by 420.8% in the third quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock worth $48,000 after acquiring an additional 101 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $422.14 on Wednesday. The company has a market cap of $145.42 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a 50 day simple moving average of $415.49 and a 200 day simple moving average of $391.56. Vanguard Growth ETF has a fifty-two week low of $317.59 and a fifty-two week high of $428.69.

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.