Keystone Financial Group Inc. Takes $602,000 Position in Vanguard Growth ETF (NYSEARCA:VUG)

Keystone Financial Group Inc. bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,466 shares of the company’s stock, valued at approximately $602,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC raised its position in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares in the last quarter. First City Capital Management Inc. increased its position in Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after purchasing an additional 276 shares in the last quarter. Creative Planning increased its position in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares in the last quarter. Worth Asset Management LLC increased its position in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. increased its position in Vanguard Growth ETF by 15.3% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 41,589 shares of the company’s stock worth $17,070,000 after purchasing an additional 5,520 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $423.21 on Friday. The company has a 50 day simple moving average of $417.49 and a 200 day simple moving average of $393.39. The stock has a market cap of $145.79 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $428.69.

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.