Ipsen Advisor Group LLC Buys New Position in Vanguard Growth ETF (NYSEARCA:VUG)

Ipsen Advisor Group LLC purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,394 shares of the company’s stock, valued at approximately $572,000.

Several other hedge funds have also recently added to or reduced their stakes in VUG. Strategic Financial Concepts LLC increased its position in shares of Vanguard Growth ETF by 34,615.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after buying an additional 5,471,634 shares during the period. Jones Financial Companies Lllp boosted its position in Vanguard Growth ETF by 23.5% during the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after acquiring an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Growth ETF during the 4th quarter worth about $970,862,000. Lincoln National Corp bought a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $293,111,000. Finally, Natixis Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 217.1% in the 4th quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock valued at $240,103,000 after purchasing an additional 400,516 shares during the period.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $391.70 on Wednesday. The stock’s 50-day moving average is $406.41 and its 200 day moving average is $402.05. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The firm has a market cap of $388.19 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF 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.