Root Financial Partners LLC Increases Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Root Financial Partners LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 115.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,771 shares of the company’s stock after acquiring an additional 5,235 shares during the period. Vanguard Growth ETF comprises about 0.5% of Root Financial Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Root Financial Partners LLC’s holdings in Vanguard Growth ETF were worth $4,010,000 at the end of the most recent reporting period.

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

Vanguard Growth ETF Price Performance

VUG opened at $426.77 on Friday. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $428.69. The business has a fifty day moving average price of $418.38 and a 200 day moving average price of $395.28. The stock has a market capitalization of $147.02 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.