Founders Financial Securities LLC Acquires 13,260 Shares of Vanguard Growth ETF $VUG

Founders Financial Securities LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 49.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,191 shares of the company’s stock after purchasing an additional 13,260 shares during the period. Vanguard Growth ETF accounts for about 1.3% of Founders Financial Securities LLC’s portfolio, making the stock its 15th biggest position. Founders Financial Securities LLC’s holdings in Vanguard Growth ETF were worth $19,276,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VUG. Brighton Jones LLC boosted its holdings in shares of Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Vanguard Growth ETF by 51.1% during the 1st quarter. Russell Investments Group Ltd. now owns 2,168 shares of the company’s stock valued at $804,000 after acquiring an additional 733 shares during the period. American Century Companies Inc. bought a new position in Vanguard Growth ETF during the first quarter worth $3,728,000. Northern Trust Corp boosted its stake in Vanguard Growth ETF by 2.4% during the first quarter. Northern Trust Corp now owns 168,821 shares of the company’s stock worth $62,602,000 after acquiring an additional 3,934 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in Vanguard Growth ETF by 112.3% in the first quarter. Wellington Management Group LLP now owns 56,597 shares of the company’s stock worth $20,987,000 after purchasing an additional 29,932 shares during the period.

Vanguard Growth ETF Trading Up 0.7%

VUG opened at $494.02 on Wednesday. The company has a fifty day moving average price of $487.52 and a two-hundred day moving average price of $466.45. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The company has a market cap of $200.53 billion, a P/E ratio of 36.22 and a beta of 1.17.

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. 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.