Berger Financial Group Inc Increases Stake in Vanguard Growth ETF $VUG

Berger Financial Group Inc raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 422.5% during the first quarter, Holdings Channel.com reports. The fund owned 189,350 shares of the company’s stock after purchasing an additional 153,109 shares during the quarter. Vanguard Growth ETF accounts for approximately 4.6% of Berger Financial Group Inc’s investment portfolio, making the stock its 2nd largest position. Berger Financial Group Inc’s holdings in Vanguard Growth ETF were worth $82,706,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Integral Investment Advisors Inc. boosted its holdings in shares of Vanguard Growth ETF by 5.0% during the first quarter. Integral Investment Advisors Inc. now owns 31,152 shares of the company’s stock worth $13,607,000 after purchasing an additional 1,471 shares during the period. Revisor Wealth Management LLC increased its holdings in Vanguard Growth ETF by 12.4% during the 1st quarter. Revisor Wealth Management LLC now owns 2,815 shares of the company’s stock valued at $1,229,000 after purchasing an additional 310 shares during the period. Koshinski Asset Management Inc. increased its holdings in Vanguard Growth ETF by 0.9% during the 1st quarter. Koshinski Asset Management Inc. now owns 38,384 shares of the company’s stock valued at $16,766,000 after purchasing an additional 332 shares during the period. Latitude Advisors LLC raised its position in Vanguard Growth ETF by 15.1% during the 1st quarter. Latitude Advisors LLC now owns 2,867 shares of the company’s stock valued at $1,252,000 after purchasing an additional 376 shares during the last quarter. Finally, Nixon Peabody Trust Co. raised its position in Vanguard Growth ETF by 1.8% during the 1st quarter. Nixon Peabody Trust Co. now owns 9,996 shares of the company’s stock valued at $4,366,000 after purchasing an additional 174 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $85.50 on Friday. The stock has a market cap of $221.33 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The stock has a 50 day simple moving average of $86.15 and a two-hundred day simple moving average of $81.10.

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. 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.