Sheaff Brock Investment Advisors LLC Has $904,000 Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Sheaff Brock Investment Advisors LLC reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,354 shares of the company’s stock after selling 36 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $904,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Axiom Advisory LLC grew its position in shares of Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after buying an additional 614,652 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after purchasing an additional 5,528,660 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Growth ETF by 4.5% in the 2nd quarter. LPL Financial LLC now owns 4,940,097 shares of the company’s stock valued at $1,847,646,000 after purchasing an additional 211,575 shares during the period. TIAA Trust National Association grew its position in shares of Vanguard Growth ETF by 1.2% in the 2nd quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock valued at $1,339,041,000 after purchasing an additional 40,907 shares during the period. Finally, EP Wealth Advisors LLC grew its position in shares of Vanguard Growth ETF by 2.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock valued at $1,115,381,000 after purchasing an additional 70,828 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $397.83 on Friday. The stock has a 50 day simple moving average of $387.18 and a 200 day simple moving average of $372.20. Vanguard Growth ETF has a 52-week low of $293.61 and a 52-week high of $410.94. The firm has a market capitalization of $137.05 billion, a PE ratio of 39.58 and a beta of 1.26.

About Vanguard Growth ETF

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.