K2 Financial Inc. Has $14.29 Million Holdings in Vanguard Growth ETF $VUG

K2 Financial Inc. grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 509.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,708 shares of the company’s stock after purchasing an additional 27,344 shares during the quarter. Vanguard Growth ETF makes up approximately 9.6% of K2 Financial Inc.’s holdings, making the stock its biggest position. K2 Financial Inc.’s holdings in Vanguard Growth ETF were worth $14,287,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VUG. Valpey Financial Services LLC increased its holdings in Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after buying an additional 8,151,373 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth $1,690,059,000. Align Financial LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth $428,175,000. Bank of America Corp DE grew its position in shares of Vanguard Growth ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock valued at $23,357,417,000 after acquiring an additional 789,696 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard Growth ETF by 189.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 334,163 shares of the company’s stock valued at $159,375,000 after acquiring an additional 706,311 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG traded down $1.08 during midday trading on Tuesday, hitting $85.60. The company had a trading volume of 2,319,416 shares, compared to its average volume of 9,396,816. The company has a market cap of $221.59 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The company has a fifty day moving average of $86.15 and a two-hundred day moving average of $81.11.

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. 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.