Magnolia Private Wealth LLC Makes New $226,000 Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Magnolia Private Wealth LLC bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 551 shares of the company’s stock, valued at approximately $226,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $28,000. Human Investing LLC acquired a new stake in Vanguard Growth ETF during the 4th quarter worth $28,000. Cardinal Strategic Wealth Guidance purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at $33,000. Global Trust Asset Management LLC boosted its stake in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. Finally, Teachers Insurance & Annuity Association of America purchased a new position in shares of Vanguard Growth ETF during the third quarter worth about $35,000.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $407.34 on Wednesday. The company has a market capitalization of $395.44 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The stock has a 50-day simple moving average of $418.06 and a 200-day simple moving average of $399.89.

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.