Goodwin Investment Advisory Raises Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Goodwin Investment Advisory increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 49.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,361 shares of the company’s stock after purchasing an additional 2,110 shares during the quarter. Vanguard Growth ETF makes up approximately 1.0% of Goodwin Investment Advisory’s holdings, making the stock its 13th largest holding. Goodwin Investment Advisory’s holdings in Vanguard Growth ETF were worth $1,978,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VUG. Prudential Financial Inc. boosted its holdings in shares of Vanguard Growth ETF by 6.0% during the first quarter. Prudential Financial Inc. now owns 15,660 shares of the company’s stock worth $4,504,000 after purchasing an additional 885 shares during the last quarter. Laurel Wealth Advisors Inc. boosted its stake in Vanguard Growth ETF by 27.9% in the 1st quarter. Laurel Wealth Advisors Inc. now owns 8,588 shares of the company’s stock worth $2,471,000 after buying an additional 1,874 shares during the last quarter. Private Advisory Group LLC grew its holdings in Vanguard Growth ETF by 221.1% in the 1st quarter. Private Advisory Group LLC now owns 2,537 shares of the company’s stock valued at $730,000 after buying an additional 1,747 shares during the period. KC Investment Advisors LLC increased its stake in shares of Vanguard Growth ETF by 53.7% during the 1st quarter. KC Investment Advisors LLC now owns 8,792 shares of the company’s stock valued at $2,529,000 after acquiring an additional 3,070 shares during the last quarter. Finally, Permanens Capital L.P. raised its stake in Vanguard Growth ETF by 2.1% during the first quarter. Permanens Capital L.P. now owns 330,899 shares of the company’s stock worth $95,167,000 after purchasing an additional 6,801 shares during the period.

Vanguard Growth ETF Stock Down 1.1 %

Shares of NYSEARCA VUG traded down $3.53 during midday trading on Wednesday, hitting $331.55. The stock had a trading volume of 764,595 shares, compared to its average volume of 1,058,212. The company has a fifty day moving average price of $339.67 and a 200 day moving average price of $312.50. Vanguard Growth ETF has a 1-year low of $242.98 and a 1-year high of $348.88. The company has a market capitalization of $114.22 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

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.