Towerpoint Wealth LLC Raises Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Towerpoint Wealth LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 67,306 shares of the company’s stock after purchasing an additional 646 shares during the period. Vanguard Growth ETF accounts for approximately 13.6% of Towerpoint Wealth LLC’s investment portfolio, making the stock its biggest position. Towerpoint Wealth LLC’s holdings in Vanguard Growth ETF were worth $27,625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jennison Associates LLC boosted its stake in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the last quarter. First City Capital Management Inc. grew its holdings in Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after acquiring an additional 276 shares during the period. Creative Planning grew its holdings in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after acquiring an additional 3,749 shares during the period. Worth Asset Management LLC raised its position in shares of Vanguard Growth ETF by 831.2% in the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares in the last quarter. Finally, Creekside Partners bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $365,000.

Vanguard Growth ETF Trading Down 0.1 %

NYSEARCA VUG traded down $0.23 during trading hours on Thursday, hitting $413.53. 93,096 shares of the company’s stock were exchanged, compared to its average volume of 1,443,770. Vanguard Growth ETF has a 1-year low of $307.85 and a 1-year high of $428.69. The stock has a 50-day simple moving average of $413.12 and a 200 day simple moving average of $389.44. The firm has a market cap of $142.46 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.