Vanguard Growth ETF (NYSEARCA:VUG) Shares Acquired by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,474 shares of the company’s stock after acquiring an additional 2,730 shares during the quarter. Vanguard Growth ETF accounts for 5.2% of Magnus Financial Group LLC’s investment portfolio, making the stock its 2nd biggest position. Magnus Financial Group LLC’s holdings in Vanguard Growth ETF were worth $53,552,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Jennison Associates LLC increased its position in shares of Vanguard Growth ETF by 219.4% in the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after acquiring an additional 1,779 shares in the last quarter. First City Capital Management Inc. boosted its position in Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after purchasing an additional 276 shares during the period. Creative Planning increased its holdings in Vanguard Growth ETF by 1.4% in the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after purchasing an additional 3,749 shares in the last quarter. Worth Asset Management LLC raised its position in Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after purchasing an additional 22,392 shares during the period. Finally, Creekside Partners acquired a new position in shares of Vanguard Growth ETF during the second quarter worth about $365,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $418.41 on Wednesday. The firm has a market cap of $144.14 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $317.59 and a 1 year high of $428.69. The stock has a 50-day simple moving average of $413.98 and a 200-day simple moving average of $390.60.

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.