Flagship Wealth Advisors LLC Takes $16.27 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Flagship Wealth Advisors 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 firm acquired 39,635 shares of the company’s stock, valued at approximately $16,268,000. Vanguard Growth ETF comprises about 9.5% of Flagship Wealth Advisors LLC’s holdings, making the stock its 2nd largest position.

A number of other hedge funds also recently made changes to their positions in the business. Tidemark LLC grew its holdings in shares of Vanguard Growth ETF by 5.3% in the fourth quarter. Tidemark LLC now owns 473 shares of the company’s stock valued at $194,000 after acquiring an additional 24 shares in the last quarter. Pekin Hardy Strauss Inc. grew its holdings in shares of Vanguard Growth ETF by 1.2% in the third quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after acquiring an additional 25 shares in the last quarter. Lifeworks Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 1.0% in the fourth quarter. Lifeworks Advisors LLC now owns 2,625 shares of the company’s stock valued at $1,077,000 after acquiring an additional 25 shares in the last quarter. Caitlin John LLC grew its holdings in shares of Vanguard Growth ETF by 8.6% in the fourth quarter. Caitlin John LLC now owns 327 shares of the company’s stock valued at $134,000 after acquiring an additional 26 shares in the last quarter. Finally, Schnieders Capital Management LLC grew its holdings in shares of Vanguard Growth ETF by 2.1% in the fourth quarter. Schnieders Capital Management LLC now owns 1,241 shares of the company’s stock valued at $509,000 after acquiring an additional 26 shares in the last quarter.

Vanguard Growth ETF Stock Up 2.5 %

VUG stock opened at $378.33 on Monday. The business has a 50 day moving average of $410.55 and a 200-day moving average of $401.34. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The firm has a market cap of $374.94 billion, a PE ratio of 35.10 and a beta of 1.14.

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.