Raymond James Financial Services Advisors Inc. Boosts Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Raymond James Financial Services Advisors Inc. grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,360,023 shares of the company’s stock after purchasing an additional 24,632 shares during the period. Vanguard Growth ETF makes up about 0.7% of Raymond James Financial Services Advisors Inc.’s holdings, making the stock its 19th largest holding. Raymond James Financial Services Advisors Inc.’s holdings in Vanguard Growth ETF were worth $508,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Milestone Asset Management LLC lifted its holdings in Vanguard Growth ETF by 20.2% in the second quarter. Milestone Asset Management LLC now owns 930 shares of the company’s stock valued at $348,000 after acquiring an additional 156 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in Vanguard Growth ETF by 17.1% in the second quarter. Apollon Wealth Management LLC now owns 10,753 shares of the company’s stock valued at $4,022,000 after acquiring an additional 1,574 shares during the last quarter. Platte River Wealth Advisors LLC lifted its holdings in Vanguard Growth ETF by 3.7% in the second quarter. Platte River Wealth Advisors LLC now owns 48,673 shares of the company’s stock valued at $18,204,000 after acquiring an additional 1,738 shares during the last quarter. BTC Capital Management Inc. lifted its holdings in Vanguard Growth ETF by 18.9% in the second quarter. BTC Capital Management Inc. now owns 43,187 shares of the company’s stock valued at $16,152,000 after acquiring an additional 6,875 shares during the last quarter. Finally, MONECO Advisors LLC lifted its holdings in Vanguard Growth ETF by 1.5% in the second quarter. MONECO Advisors LLC now owns 57,851 shares of the company’s stock valued at $21,637,000 after acquiring an additional 837 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG traded up $4.53 during trading hours on Monday, reaching $377.68. The company’s stock had a trading volume of 873,401 shares, compared to its average volume of 1,022,907. Vanguard Growth ETF has a fifty-two week low of $260.65 and a fifty-two week high of $392.14. The stock has a market cap of $130.11 billion, a PE ratio of 39.58 and a beta of 1.26. The business’s 50-day moving average is $371.08 and its 200-day moving average is $351.95.

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.