Diversify Advisory Services LLC Increases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Diversify Advisory Services LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,816 shares of the company’s stock after buying an additional 297 shares during the quarter. Diversify Advisory Services LLC’s holdings in Vanguard Growth ETF were worth $1,503,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Integrated Advisors Network LLC increased its position in shares of Vanguard Growth ETF by 24.5% in the 3rd quarter. Integrated Advisors Network LLC now owns 8,610 shares of the company’s stock valued at $3,306,000 after purchasing an additional 1,695 shares during the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of Vanguard Growth ETF by 116.6% in the 3rd quarter. Gateway Wealth Partners LLC now owns 1,813 shares of the company’s stock valued at $696,000 after buying an additional 976 shares in the last quarter. Traynor Capital Management Inc. raised its stake in Vanguard Growth ETF by 35.6% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,149 shares of the company’s stock worth $825,000 after acquiring an additional 564 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. acquired a new stake in Vanguard Growth ETF during the 3rd quarter worth $280,000. Finally, Cornerstone Wealth Advisors Inc. boosted its stake in Vanguard Growth ETF by 0.7% in the third quarter. Cornerstone Wealth Advisors Inc. now owns 94,789 shares of the company’s stock valued at $36,392,000 after acquiring an additional 666 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $396.23 on Wednesday. Vanguard Growth ETF has a one year low of $263.79 and a one year high of $397.18. The stock has a market capitalization of $136.50 billion, a P/E ratio of 39.58 and a beta of 1.26. The business’s 50-day simple moving average is $380.05 and its 200-day simple moving average is $366.59.

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.