Abich Financial Wealth Management LLC Acquires New Shares in Vanguard Growth ETF $VUG

Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,462 shares of the company’s stock, valued at approximately $10,293,000. Vanguard Growth ETF makes up about 3.7% of Abich Financial Wealth Management LLC’s investment portfolio, making the stock its 9th largest position.

A number of other hedge funds have also added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC lifted its position in Vanguard Growth ETF by 45,810.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares during the last quarter. Vantagepoint Investment Advisers LLC raised its stake in shares of Vanguard Growth ETF by 12,542.9% during the third quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock worth $515,413,000 after acquiring an additional 1,066,150 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Growth ETF by 1.8% in the 2nd quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after acquiring an additional 851,110 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Vanguard Growth ETF by 97.7% in the 2nd quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after purchasing an additional 607,436 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Vanguard Growth ETF by 142.2% in the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after purchasing an additional 424,342 shares in the last quarter.

Vanguard Growth ETF Stock Down 1.9%

Vanguard Growth ETF stock opened at $460.15 on Friday. The firm has a fifty day simple moving average of $484.53 and a two-hundred day simple moving average of $478.25. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The company has a market capitalization of $191.94 billion, a PE 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.