LPL Financial LLC Buys 46,171 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

LPL Financial LLC grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,986,268 shares of the company’s stock after purchasing an additional 46,171 shares during the quarter. Vanguard Growth ETF makes up approximately 0.9% of LPL Financial LLC’s portfolio, making the stock its 18th largest holding. LPL Financial LLC owned 1.45% of Vanguard Growth ETF worth $1,914,378,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Vanguard Growth ETF by 30.8% in the first quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock worth $38,297,000 after purchasing an additional 26,169 shares during the period. Freestone Capital Holdings LLC increased its position in Vanguard Growth ETF by 38.9% in the 1st quarter. Freestone Capital Holdings LLC now owns 1,684 shares of the company’s stock worth $580,000 after buying an additional 472 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 3.9% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 2,641 shares of the company’s stock worth $909,000 after buying an additional 100 shares during the last quarter. Westwood Holdings Group Inc. lifted its holdings in shares of Vanguard Growth ETF by 8.8% during the first quarter. Westwood Holdings Group Inc. now owns 31,683 shares of the company’s stock worth $10,905,000 after buying an additional 2,550 shares during the last quarter. Finally, Guardian Capital Advisors LP boosted its position in shares of Vanguard Growth ETF by 73.1% in the first quarter. Guardian Capital Advisors LP now owns 50,900 shares of the company’s stock valued at $16,895,000 after acquiring an additional 21,500 shares during the period.

Vanguard Growth ETF Trading Down 0.1 %

Shares of VUG stock opened at $403.37 on Thursday. The firm has a market capitalization of $138.96 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $294.34 and a 1 year high of $410.94. The firm’s fifty day simple moving average is $389.42 and its 200 day simple moving average is $373.93.

Vanguard Growth ETF Company 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.