Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 8.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,511 shares of the company’s stock after acquiring an additional 429 shares during the quarter. Vanguard Growth ETF makes up about 0.9% of Independent Wealth Network Inc.’s portfolio, making the stock its 29th biggest holding. Independent Wealth Network Inc.’s holdings in Vanguard Growth ETF were worth $2,262,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Wesbanco Bank Inc. lifted its stake in Vanguard Growth ETF by 5.5% in the fourth quarter. Wesbanco Bank Inc. now owns 2,671 shares of the company’s stock valued at $1,096,000 after acquiring an additional 140 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Vanguard Growth ETF by 6.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 176,504 shares of the company’s stock worth $72,444,000 after buying an additional 10,267 shares during the last quarter. Kraft Asset Management LLC acquired a new position in Vanguard Growth ETF during the 4th quarter valued at $207,000. Rolek Wealth Management LLC acquired a new position in Vanguard Growth ETF during the 4th quarter valued at $45,856,000. Finally, Marino Stram & Associates LLC increased its holdings in Vanguard Growth ETF by 10.4% in the 4th quarter. Marino Stram & Associates LLC now owns 62,763 shares of the company’s stock valued at $25,760,000 after buying an additional 5,926 shares during the period.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $424.50 on Thursday. The firm has a market capitalization of $146.24 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s fifty day moving average price is $413.98 and its two-hundred day moving average price is $390.60. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69.

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.