Valmark Advisers Inc. Acquires 699 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Valmark Advisers Inc. lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,427 shares of the company’s stock after buying an additional 699 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Growth ETF were worth $2,309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. High Note Wealth LLC boosted its position in shares of Vanguard Growth ETF by 4.1% during the fourth quarter. High Note Wealth LLC now owns 863 shares of the company’s stock worth $268,000 after buying an additional 34 shares during the period. Interchange Capital Partners LLC boosted its position in Vanguard Growth ETF by 1.5% during the fourth quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock valued at $744,000 after purchasing an additional 35 shares during the last quarter. First Bancorp Inc ME boosted its position in Vanguard Growth ETF by 1.8% during the fourth quarter. First Bancorp Inc ME now owns 1,951 shares of the company’s stock valued at $607,000 after purchasing an additional 35 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in Vanguard Growth ETF by 5.3% during the third quarter. Hazlett Burt & Watson Inc. now owns 737 shares of the company’s stock valued at $201,000 after purchasing an additional 37 shares during the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in Vanguard Growth ETF by 1.8% during the fourth quarter. Daymark Wealth Partners LLC now owns 2,211 shares of the company’s stock valued at $687,000 after purchasing an additional 39 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG traded up $5.99 during trading hours on Friday, hitting $335.18. 1,437,363 shares of the company traded hands, compared to its average volume of 1,058,254. The business’s 50-day moving average is $338.87 and its 200-day moving average is $315.02. The stock has a market capitalization of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a twelve month low of $246.26 and a twelve month high of $348.88.

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.