FSA Wealth Management LLC Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

FSA Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,516 shares of the company’s stock, valued at approximately $582,000. Vanguard Growth ETF makes up approximately 0.2% of FSA Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axiom Advisory LLC grew its position in shares of Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after buying an additional 614,652 shares during the period. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 40,514.9% during the second quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after acquiring an additional 5,528,660 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Growth ETF by 0.9% in the third quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock worth $1,914,378,000 after purchasing an additional 46,171 shares during the period. TIAA Trust National Association increased its stake in shares of Vanguard Growth ETF by 1.2% during the second quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock valued at $1,339,041,000 after purchasing an additional 40,907 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 2.4% during the second quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock valued at $1,115,381,000 after purchasing an additional 70,828 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.8 %

Shares of VUG opened at $409.13 on Friday. The stock has a market cap of $140.94 billion, a P/E ratio of 39.58 and a beta of 1.26. The business’s 50 day moving average price is $393.58 and its 200-day moving average price is $376.98. Vanguard Growth ETF has a 52 week low of $294.34 and a 52 week high of $410.94.

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.