Founders Financial Securities LLC Buys 13,260 Shares of Vanguard Growth ETF $VUG

Founders Financial Securities LLC raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 49.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,191 shares of the company’s stock after purchasing an additional 13,260 shares during the quarter. Vanguard Growth ETF accounts for about 1.3% of Founders Financial Securities LLC’s portfolio, making the stock its 15th biggest position. Founders Financial Securities LLC’s holdings in Vanguard Growth ETF were worth $19,276,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 45,810.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after purchasing an additional 9,165,663 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Vanguard Growth ETF by 12.9% during the first 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. Bank of America Corp DE increased its position in Vanguard Growth ETF by 1.8% in the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after buying an additional 851,110 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Growth ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after buying an additional 607,436 shares during the period. Finally, Alliancebernstein L.P. lifted its position in shares of Vanguard Growth ETF by 142.2% during the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after buying an additional 424,342 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG stock opened at $494.02 on Wednesday. The stock has a fifty day moving average of $487.52 and a 200-day moving average of $466.45. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The company has a market capitalization of $200.53 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.