Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Waterfront Wealth Inc.

Waterfront Wealth Inc. increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,425 shares of the company’s stock after purchasing an additional 191 shares during the period. Waterfront Wealth Inc.’s holdings in Vanguard Growth ETF were worth $1,065,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Moneta Group Investment Advisors LLC grew its stake in shares of Vanguard Growth ETF by 118,736.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 424,890,653 shares of the company’s stock valued at $90,548,447,000 after buying an additional 424,533,112 shares during the period. Morgan Stanley grew its stake in shares of Vanguard Growth ETF by 2.9% in the 3rd quarter. Morgan Stanley now owns 12,252,916 shares of the company’s stock valued at $3,336,592,000 after buying an additional 350,950 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Growth ETF by 3.5% in the 3rd quarter. LPL Financial LLC now owns 4,482,941 shares of the company’s stock valued at $1,220,750,000 after buying an additional 150,564 shares during the period. TIAA Trust National Association grew its stake in shares of Vanguard Growth ETF by 1.3% in the 4th quarter. TIAA Trust National Association now owns 3,417,277 shares of the company’s stock valued at $1,062,363,000 after buying an additional 44,928 shares during the period. Finally, Wells Fargo & Company MN grew its stake in shares of Vanguard Growth ETF by 1.0% in the 2nd quarter. Wells Fargo & Company MN now owns 3,117,447 shares of the company’s stock valued at $882,113,000 after buying an additional 29,966 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG traded down $3.53 during mid-day trading on Wednesday, reaching $331.55. 764,595 shares of the company were exchanged, compared to its average volume of 1,058,212. The firm has a market cap of $114.22 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The firm’s 50-day simple moving average is $339.63 and its 200 day simple moving average is $312.63. Vanguard Growth ETF has a 1 year low of $242.98 and a 1 year 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.