Magnolia Private Wealth LLC Invests $226,000 in Vanguard Growth ETF (NYSEARCA:VUG)

Magnolia Private Wealth LLC acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 551 shares of the company’s stock, valued at approximately $226,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Checchi Capital Advisers LLC grew its position in Vanguard Growth ETF by 1,376.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 166,609 shares of the company’s stock valued at $68,383,000 after acquiring an additional 155,328 shares in the last quarter. LifeGoal Wealth Advisors purchased a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $5,283,000. Nelson Capital Management LLC acquired a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $793,000. Fjell Capital LLC purchased a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $2,628,000. Finally, Advisor OS LLC boosted its position in Vanguard Growth ETF by 17.7% in the 4th quarter. Advisor OS LLC now owns 7,672 shares of the company’s stock valued at $3,149,000 after buying an additional 1,153 shares during the period.

Vanguard Growth ETF Price Performance

VUG opened at $407.34 on Wednesday. The stock has a market capitalization of $395.44 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12. The business has a fifty day moving average price of $418.06 and a 200 day moving average price of $399.89. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11.

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.