Beacon Pointe Advisors LLC Increases Stock Holdings in Vanguard Growth ETF $VUG

Beacon Pointe Advisors LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 324,941 shares of the company’s stock after acquiring an additional 12,247 shares during the quarter. Vanguard Growth ETF comprises about 1.5% of Beacon Pointe Advisors LLC’s holdings, making the stock its 11th biggest holding. Beacon Pointe Advisors LLC’s holdings in Vanguard Growth ETF were worth $142,454,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after purchasing an additional 3,694,339 shares during the period. Laurel Wealth Advisors LLC increased its stake in Vanguard Growth ETF by 45,810.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after acquiring an additional 9,165,663 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Growth ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after acquiring an additional 79,107 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after acquiring an additional 330,550 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its position in shares of Vanguard Growth ETF by 3.4% during the 1st quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock valued at $1,237,228,000 after acquiring an additional 109,654 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.4%

Shares of NYSEARCA VUG opened at $488.86 on Tuesday. The business has a 50-day moving average of $484.58 and a 200-day moving average of $457.94. The firm has a market capitalization of $198.44 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38.

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.