Vanguard Growth ETF $VUG is Avantax Advisory Services Inc.’s 7th Largest Position

Avantax Advisory Services Inc. lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 676,316 shares of the company’s stock after purchasing an additional 2,783 shares during the quarter. Vanguard Growth ETF makes up about 1.6% of Avantax Advisory Services Inc.’s holdings, making the stock its 7th biggest position. Avantax Advisory Services Inc. owned approximately 0.17% of Vanguard Growth ETF worth $296,497,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Allianz SE bought a new position in shares of Vanguard Growth ETF in the first quarter worth about $29,000. Costello Asset Management INC bought a new position in Vanguard Growth ETF in the 1st quarter worth approximately $31,000. Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF in the 2nd quarter worth approximately $31,000. Biltmore Family Office LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth approximately $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF in the second quarter valued at approximately $32,000.

Vanguard Growth ETF Trading Up 0.1%

Shares of VUG stock opened at $483.52 on Friday. The firm’s fifty day simple moving average is $483.04 and its 200 day simple moving average is $450.32. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm has a market capitalization of $196.27 billion, a P/E 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.