Lake Street Private Wealth LLC Grows Holdings in Vanguard Growth ETF $VUG

Lake Street Private Wealth LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,105 shares of the company’s stock after buying an additional 1,708 shares during the quarter. Vanguard Growth ETF accounts for about 4.7% of Lake Street Private Wealth LLC’s holdings, making the stock its 4th biggest position. Lake Street Private Wealth LLC’s holdings in Vanguard Growth ETF were worth $38,593,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF in the 3rd quarter valued at about $26,000. Kilter Group LLC bought a new stake in Vanguard Growth ETF during the 2nd quarter worth approximately $33,000. Friedenthal Financial bought a new stake in Vanguard Growth ETF during the 3rd quarter worth approximately $38,000. Ramirez Asset Management Inc. purchased a new stake in shares of Vanguard Growth ETF in the third quarter worth approximately $38,000. Finally, Family Legacy Financial Solutions LLC purchased a new stake in shares of Vanguard Growth ETF in the third quarter worth approximately $46,000.

Vanguard Growth ETF Stock Down 1.8%

VUG stock opened at $440.30 on Friday. The firm has a market capitalization of $183.66 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The stock’s 50 day moving average is $468.72 and its 200-day moving average is $478.77.

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.