Gallagher Capital Advisors LLC Buys Shares of 6,530 Vanguard Growth ETF (NYSEARCA:VUG)

Gallagher Capital Advisors LLC bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 6,530 shares of the company’s stock, valued at approximately $2,680,000. Vanguard Growth ETF accounts for approximately 2.0% of Gallagher Capital Advisors LLC’s holdings, making the stock its 20th biggest holding.

Other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after acquiring an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after purchasing an additional 5,429,720 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth $970,862,000. Lincoln National Corp bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth $293,111,000. Finally, Captrust Financial Advisors grew its holdings in shares of Vanguard Growth ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock valued at $462,056,000 after buying an additional 257,784 shares during the period.

Vanguard Growth ETF Stock Up 0.2 %

VUG opened at $388.71 on Monday. The company has a fifty day simple moving average of $414.39 and a 200 day simple moving average of $401.39. The stock has a market cap of $377.35 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11.

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.