Independent Financial Group LLC Takes $9.18 Million Position in Vanguard Growth ETF $VUG

Independent Financial Group LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 1st quarter, HoldingsChannel reports. The fund purchased 21,006 shares of the company’s stock, valued at approximately $9,175,000.

Other hedge funds also recently bought and sold shares of the company. Enclave Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 6.6% during the fourth quarter. Enclave Advisors LLC now owns 39,547 shares of the company’s stock valued at $19,293,000 after purchasing an additional 2,462 shares during the last quarter. Everhart Financial Group Inc. lifted its position in Vanguard Growth ETF by 8.4% during the fourth quarter. Everhart Financial Group Inc. now owns 284,541 shares of the company’s stock valued at $138,816,000 after purchasing an additional 21,967 shares during the period. Gryphon Financial Partners LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter worth approximately $1,194,000. Asempa Wealth Advisors purchased a new stake in Vanguard Growth ETF in the fourth quarter worth approximately $3,102,000. Finally, Cypress Financial Planning LLC boosted its holdings in Vanguard Growth ETF by 50.3% in the fourth quarter. Cypress Financial Planning LLC now owns 3,717 shares of the company’s stock worth $1,823,000 after purchasing an additional 1,244 shares during the last quarter.

Vanguard Growth ETF Trading Down 1.4%

NYSEARCA:VUG opened at $86.56 on Friday. The company has a market cap of $223.92 billion, a PE ratio of 36.22 and a beta of 1.22. The company has a 50 day simple moving average of $86.69 and a two-hundred day simple moving average of $81.44. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60.

Vanguard Growth ETF 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.