Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 5.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,901 shares of the company’s stock after acquiring an additional 975 shares during the period. Vanguard Growth ETF accounts for about 0.7% of Kovack Advisors Inc.’s holdings, making the stock its 19th biggest position. Kovack Advisors Inc.’s holdings in Vanguard Growth ETF were worth $6,187,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC boosted its holdings in Vanguard Growth ETF by 1.8% in the 3rd quarter. Merit Financial Group LLC now owns 682,363 shares of the company’s stock valued at $185,814,000 after purchasing an additional 12,224 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Growth ETF by 14.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 801,455 shares of the company’s stock worth $218,244,000 after acquiring an additional 103,829 shares in the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $723,000. Northstar Asset Management LLC boosted its stake in shares of Vanguard Growth ETF by 1.9% during the 3rd quarter. Northstar Asset Management LLC now owns 24,660 shares of the company’s stock worth $6,715,000 after acquiring an additional 455 shares in the last quarter. Finally, Everett Harris & Co. CA boosted its stake in shares of Vanguard Growth ETF by 0.8% during the 4th quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock worth $17,668,000 after acquiring an additional 466 shares in the last quarter.

Vanguard Growth ETF Trading Up 1.8 %

Shares of NYSEARCA:VUG traded up $5.99 during trading on Friday, hitting $335.18. 1,436,470 shares of the stock were exchanged, compared to its average volume of 1,058,254. The company has a fifty day moving average price of $338.87 and a two-hundred day moving average price of $315.02. The company has a market cap of $115.47 billion, a PE ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 12-month low of $246.26 and a 12-month high of $348.88.

Vanguard Growth ETF Company 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.