Zhang Financial LLC Buys 4,129 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Zhang Financial LLC increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 40.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,259 shares of the company’s stock after buying an additional 4,129 shares during the period. Zhang Financial LLC’s holdings in Vanguard Growth ETF were worth $5,288,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VUG. Jones Financial Companies Lllp raised its stake in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after buying an additional 5,429,720 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $970,862,000. GAMMA Investing LLC lifted its holdings in shares of Vanguard Growth ETF by 46,224.2% during the first quarter. GAMMA Investing LLC now owns 1,364,247 shares of the company’s stock valued at $505,890,000 after purchasing an additional 1,361,302 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $458,461,000. Finally, Lincoln National Corp purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $293,111,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $423.29 on Thursday. The firm has a 50 day moving average price of $387.79 and a 200-day moving average price of $400.37. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11. The firm has a market capitalization of $419.50 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18.

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.