Cumberland Advisors Inc. Boosts Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Cumberland Advisors Inc. increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 30.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,930 shares of the company’s stock after purchasing an additional 3,460 shares during the period. Vanguard Growth ETF accounts for 2.3% of Cumberland Advisors Inc.’s holdings, making the stock its 12th biggest holding. Cumberland Advisors Inc.’s holdings in Vanguard Growth ETF were worth $5,732,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Global Assets Advisory LLC purchased a new position in Vanguard Growth ETF in the 1st quarter worth approximately $38,393,000. NBC Securities Inc. lifted its holdings in Vanguard Growth ETF by 22.3% in the 1st quarter. NBC Securities Inc. now owns 603 shares of the company’s stock worth $217,000 after purchasing an additional 110 shares in the last quarter. Goelzer Investment Management Inc. purchased a new position in Vanguard Growth ETF in the 1st quarter worth approximately $206,000. Foster Group Inc. raised its holdings in shares of Vanguard Growth ETF by 48.2% during the 1st quarter. Foster Group Inc. now owns 1,119 shares of the company’s stock worth $385,000 after acquiring an additional 364 shares in the last quarter. Finally, Perennial Investment Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 5.4% during the 2nd quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock worth $6,973,000 after acquiring an additional 962 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG traded up $2.43 during mid-day trading on Thursday, hitting $391.65. 401,959 shares of the stock were exchanged, compared to its average volume of 995,319. The company has a market cap of $134.92 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $393.71. The firm has a 50-day moving average of $375.31 and a two-hundred day moving average of $363.28.

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.