MGB Wealth Management LLC Has $3.78 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

MGB Wealth Management LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,155 shares of the company’s stock after acquiring an additional 209 shares during the quarter. Vanguard Growth ETF accounts for about 1.2% of MGB Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. MGB Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $3,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of VUG. Jennison Associates LLC grew its holdings in Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after acquiring an additional 1,779 shares during the last quarter. First City Capital Management Inc. boosted its holdings in Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares in the last quarter. Creative Planning increased its position in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after purchasing an additional 3,749 shares during the period. Worth Asset Management LLC raised its holdings in Vanguard Growth ETF by 831.2% in the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in Vanguard Growth ETF by 34,615.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after purchasing an additional 5,471,634 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $421.44 on Thursday. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $428.69. The firm has a 50-day moving average of $418.37 and a 200 day moving average of $395.10. The company has a market cap of $145.18 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.