Independent Advisor Alliance Buys 85,245 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Independent Advisor Alliance raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 5,961.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 86,675 shares of the company’s stock after buying an additional 85,245 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Growth ETF were worth $35,575,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Pekin Hardy Strauss Inc. raised its holdings in Vanguard Growth ETF by 1.2% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after buying an additional 25 shares during the last quarter. Lifeworks Advisors LLC increased its position in Vanguard Growth ETF by 1.0% during the 4th quarter. Lifeworks Advisors LLC now owns 2,625 shares of the company’s stock valued at $1,077,000 after purchasing an additional 25 shares during the period. Caitlin John LLC increased its position in Vanguard Growth ETF by 8.6% during the 4th quarter. Caitlin John LLC now owns 327 shares of the company’s stock valued at $134,000 after purchasing an additional 26 shares during the period. Schnieders Capital Management LLC grew its position in shares of Vanguard Growth ETF by 2.1% during the 4th quarter. Schnieders Capital Management LLC now owns 1,241 shares of the company’s stock worth $509,000 after buying an additional 26 shares during the period. Finally, WR Wealth Planners LLC grew its position in shares of Vanguard Growth ETF by 2.3% during the 4th quarter. WR Wealth Planners LLC now owns 1,165 shares of the company’s stock worth $478,000 after buying an additional 26 shares during the period.

Vanguard Growth ETF Stock Up 0.2 %

Shares of VUG stock opened at $388.71 on Monday. The company has a market cap of $377.35 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The firm has a 50 day moving average of $414.39 and a 200-day moving average of $401.39.

Vanguard Growth ETF Company 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.