Vanguard Growth ETF $VUG Position Increased by Addison Advisors LLC

Addison Advisors LLC raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,477 shares of the company’s stock after purchasing an additional 643 shares during the quarter. Vanguard Growth ETF accounts for about 3.9% of Addison Advisors LLC’s holdings, making the stock its 4th biggest position. Addison Advisors LLC’s holdings in Vanguard Growth ETF were worth $15,553,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Allianz SE purchased a new stake in Vanguard Growth ETF during the first quarter worth about $29,000. Hager Investment Management Services LLC acquired a new stake in shares of Vanguard Growth ETF during the 1st quarter valued at approximately $31,000. Costello Asset Management INC purchased a new stake in shares of Vanguard Growth ETF during the 1st quarter worth approximately $31,000. Legend Financial Advisors Inc. acquired a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $31,000. Finally, Biltmore Family Office LLC purchased a new position in Vanguard Growth ETF in the 2nd quarter valued at approximately $31,000.

Vanguard Growth ETF Stock Down 0.3%

NYSEARCA:VUG opened at $484.48 on Monday. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The stock has a fifty day simple moving average of $480.04 and a 200-day simple moving average of $447.31. The company has a market capitalization of $196.66 billion, a PE ratio of 36.22 and a beta of 1.17.

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.