BlueChip Wealth Advisors LLC Invests $1.21 Million in Vanguard Growth ETF $VUG

BlueChip Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,525 shares of the company’s stock, valued at approximately $1,211,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EnRich Financial Partners LLC lifted its holdings in Vanguard Growth ETF by 3.5% during the third quarter. EnRich Financial Partners LLC now owns 11,638 shares of the company’s stock valued at $5,582,000 after purchasing an additional 391 shares in the last quarter. Wesbanco Bank Inc. increased its stake in shares of Vanguard Growth ETF by 4.5% during the third quarter. Wesbanco Bank Inc. now owns 8,803 shares of the company’s stock worth $4,222,000 after purchasing an additional 382 shares in the last quarter. Rockland Trust Co. acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter worth about $322,000. First National Trust Co lifted its stake in Vanguard Growth ETF by 22.5% in the 3rd quarter. First National Trust Co now owns 2,481 shares of the company’s stock valued at $1,190,000 after buying an additional 456 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in Vanguard Growth ETF by 6.2% in the 3rd quarter. Wealthfront Advisers LLC now owns 103,454 shares of the company’s stock worth $49,618,000 after buying an additional 6,039 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.5%

NYSEARCA:VUG opened at $471.10 on Wednesday. The stock has a 50 day moving average of $485.62 and a two-hundred day moving average of $478.44. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The firm has a market cap of $196.51 billion, a P/E ratio of 36.22 and a beta of 1.17.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.