Rialto Wealth Management LLC Acquires Shares of 1,815 Vanguard Growth ETF (NYSEARCA:VUG)

Rialto Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,815 shares of the company’s stock, valued at approximately $745,000.

Several other large investors have also recently made changes to their positions in VUG. Strategic Financial Concepts LLC grew its holdings in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after buying an additional 5,471,634 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Vanguard Growth ETF by 23.5% during the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after acquiring an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at $970,862,000. Lincoln National Corp bought a new stake in Vanguard Growth ETF in the fourth quarter worth $293,111,000. Finally, Captrust Financial Advisors increased its position in Vanguard Growth ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after purchasing an additional 257,784 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.2 %

VUG stock opened at $388.71 on Friday. The company has a fifty day simple moving average of $414.39 and a two-hundred day simple moving average of $401.07. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The firm has a market capitalization of $377.35 billion, a P/E ratio of 37.80 and a beta of 1.12.

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.