Concurrent Investment Advisors LLC Acquires 6,897 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Concurrent Investment Advisors LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 14.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,272 shares of the company’s stock after buying an additional 6,897 shares during the quarter. Vanguard Growth ETF makes up 0.7% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 24th largest position. Concurrent Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $21,046,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Keener Financial Planning LLC bought a new stake in shares of Vanguard Growth ETF in the 1st quarter valued at about $29,000. NBT Bank N A NY bought a new stake in shares of Vanguard Growth ETF in the 1st quarter valued at about $30,000. New Millennium Group LLC bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at about $31,000. Livelsberger Financial Advisory acquired a new position in Vanguard Growth ETF in the 4th quarter valued at about $33,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in Vanguard Growth ETF in the 2nd quarter valued at about $34,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $375.55 on Friday. Vanguard Growth ETF has a 52 week low of $260.65 and a 52 week high of $392.14. The firm has a market cap of $129.37 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm’s 50-day simple moving average is $371.56 and its 200 day simple moving average is $354.53.

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.