Inspire Advisors LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Inspire Advisors LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 23.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646 shares of the company’s stock after purchasing an additional 121 shares during the quarter. Inspire Advisors LLC’s holdings in Vanguard Growth ETF were worth $265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Jennison Associates LLC raised its stake in Vanguard Growth ETF by 219.4% in the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. raised its stake 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 purchasing an additional 276 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $2,232,000. Empowered Funds LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $236,000. Finally, Argentarii LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $710,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $376.91 on Thursday. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11. The firm’s 50 day simple moving average is $412.12 and its 200 day simple moving average is $401.17. The company has a market capitalization of $365.90 billion, a P/E ratio of 37.80 and a beta of 1.12.

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.