Cumberland Advisors Inc. Acquires New Position in Vanguard Growth ETF (NYSEARCA:VUG)

Cumberland Advisors Inc. acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,330 shares of the company’s stock, valued at approximately $2,867,000. Vanguard Growth ETF makes up 1.1% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors have also recently made changes to their positions in VUG. Jones Financial Companies Lllp lifted its position in shares of Vanguard Growth ETF by 7.3% during the 4th quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock worth $5,980,965,000 after buying an additional 1,301,935 shares during the last quarter. Morgan Stanley lifted its position in shares of Vanguard Growth ETF by 2.9% during the 3rd quarter. Morgan Stanley now owns 12,252,916 shares of the company’s stock worth $3,336,592,000 after buying an additional 350,950 shares during the last quarter. UBS Group AG lifted its position in shares of Vanguard Growth ETF by 3.7% during the 4th quarter. UBS Group AG now owns 5,520,461 shares of the company’s stock worth $1,716,201,000 after buying an additional 196,363 shares during the last quarter. TIAA Trust National Association raised its position in Vanguard Growth ETF by 1.3% in the 4th quarter. TIAA Trust National Association now owns 3,417,277 shares of the company’s stock valued at $1,062,363,000 after purchasing an additional 44,928 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Vanguard Growth ETF by 4.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,244,932 shares of the company’s stock valued at $1,008,784,000 after purchasing an additional 134,841 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG stock traded up $0.88 during mid-day trading on Thursday, hitting $377.35. The stock had a trading volume of 603,603 shares, compared to its average volume of 1,004,771. Vanguard Growth ETF has a fifty-two week low of $260.65 and a fifty-two week high of $378.16. The firm has a market cap of $129.99 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s 50-day simple moving average is $351.96 and its 200-day simple moving average is $336.26.

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.