Sequoia Financial Advisors LLC Purchases 14,194 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Sequoia Financial Advisors LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 175,632 shares of the company’s stock after purchasing an additional 14,194 shares during the period. Vanguard Growth ETF comprises about 0.7% of Sequoia Financial Advisors LLC’s holdings, making the stock its 29th largest holding. Sequoia Financial Advisors LLC owned approximately 0.05% of Vanguard Growth ETF worth $72,087,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Warwick Investment Management Inc. lifted its holdings in shares of Vanguard Growth ETF by 101.2% in the 4th quarter. Warwick Investment Management Inc. now owns 9,905 shares of the company’s stock worth $4,065,000 after acquiring an additional 4,981 shares during the last quarter. PFG Advisors grew its holdings in shares of Vanguard Growth ETF by 20.9% during the 4th quarter. PFG Advisors now owns 112,531 shares of the company’s stock valued at $46,187,000 after purchasing an additional 19,467 shares during the last quarter. HighTower Advisors LLC raised its position in Vanguard Growth ETF by 1.2% in the 4th quarter. HighTower Advisors LLC now owns 1,418,006 shares of the company’s stock worth $582,006,000 after purchasing an additional 16,636 shares during the period. Moors & Cabot Inc. lifted its stake in Vanguard Growth ETF by 7.5% in the fourth quarter. Moors & Cabot Inc. now owns 9,412 shares of the company’s stock worth $3,863,000 after purchasing an additional 658 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its position in Vanguard Growth ETF by 5.7% during the fourth quarter. Wealthfront Advisers LLC now owns 77,269 shares of the company’s stock valued at $31,714,000 after buying an additional 4,133 shares during the period.

Vanguard Growth ETF Trading Down 0.3 %

Shares of NYSEARCA:VUG opened at $371.80 on Wednesday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The stock’s 50-day moving average price is $412.79 and its 200-day moving average price is $401.34. The stock has a market capitalization of $360.94 billion, a P/E ratio of 37.80 and a beta of 1.12.

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.