Strategic Financial Concepts LLC Has $2.07 Billion Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Strategic Financial Concepts LLC raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 40,514.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,542,306 shares of the company’s stock after purchasing an additional 5,528,660 shares during the period. Vanguard Growth ETF accounts for approximately 8.8% of Strategic Financial Concepts LLC’s portfolio, making the stock its 3rd largest position. Strategic Financial Concepts LLC’s holdings in Vanguard Growth ETF were worth $2,072,878,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Assets Advisory LLC bought a new stake in Vanguard Growth ETF in the first quarter worth approximately $38,393,000. Comerica Bank lifted its position in shares of Vanguard Growth ETF by 11.4% during the 4th quarter. Comerica Bank now owns 143,229 shares of the company’s stock valued at $44,527,000 after acquiring an additional 14,695 shares during the period. Integrity Wealth Solutions LLC bought a new position in Vanguard Growth ETF during the fourth quarter worth $8,769,000. Cosner Financial Group LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter worth $776,000. Finally, Waterloo Capital L.P. bought a new stake in Vanguard Growth ETF in the fourth quarter valued at $292,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $356.23 on Friday. The company’s 50-day moving average is $370.58 and its 200-day moving average is $355.62. The stock has a market capitalization of $122.72 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14.

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.