Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,511 shares of the company’s stock after buying an additional 429 shares during the period. Vanguard Growth ETF accounts for approximately 0.9% of Independent Wealth Network Inc.’s investment portfolio, making the stock its 29th largest position. Independent Wealth Network Inc.’s holdings in Vanguard Growth ETF were worth $2,262,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VUG. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $270,138,000. Axiom Advisory LLC raised its holdings in shares of Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after buying an additional 614,652 shares during the last quarter. Smith Anglin Financial LLC raised its holdings in Vanguard Growth ETF by 49,394.9% during the third quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock worth $138,719,000 after purchasing an additional 360,583 shares in the last quarter. Captrust Financial Advisors raised its holdings in Vanguard Growth ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after purchasing an additional 257,784 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new position in Vanguard Growth ETF during the second quarter worth about $86,256,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $424.50 on Thursday. The firm has a market capitalization of $146.24 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s 50 day simple moving average is $413.98 and its 200-day simple moving average is $390.60. Vanguard Growth ETF has a 12 month low of $317.59 and a 12 month high of $428.69.

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.