GM Advisory Group LLC Buys 618 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

GM Advisory Group LLC raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 30.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,648 shares of the company’s stock after acquiring an additional 618 shares during the quarter. GM Advisory Group LLC’s holdings in Vanguard Growth ETF were worth $1,087,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VUG. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Growth ETF by 34,615.3% in the fourth 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 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after buying an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $970,862,000. Lincoln National Corp bought a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $293,111,000. Finally, Natixis Advisors LLC raised its holdings in Vanguard Growth ETF by 217.1% in the 4th quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock valued at $240,103,000 after buying an additional 400,516 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $373.34 on Wednesday. The company has a 50 day simple moving average of $408.92 and a 200 day simple moving average of $401.38. The firm has a market cap of $370.00 billion, a PE ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year 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.