Portland Financial Advisors Inc Takes $465,000 Position in Vanguard Growth ETF (NYSEARCA:VUG)

Portland Financial Advisors Inc purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,134 shares of the company’s stock, valued at approximately $465,000. Vanguard Growth ETF comprises 1.3% of Portland Financial Advisors Inc’s holdings, making the stock its 26th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $28,000. Human Investing LLC acquired a new stake in Vanguard Growth ETF during the 4th quarter worth $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF during the 4th quarter worth $33,000. Global Trust Asset Management LLC increased its stake in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the period. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $416.02 on Monday. The company has a market capitalization of $143.31 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The firm has a 50-day simple moving average of $418.77 and a 200-day simple moving average of $399.10.

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.