Sequoia Financial Advisors LLC Raises Position in Vanguard Growth ETF $VUG

Sequoia Financial Advisors LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 11.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 345,470 shares of the company’s stock after purchasing an additional 36,209 shares during the period. Vanguard Growth ETF makes up 0.8% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 27th largest position. Sequoia Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $150,898,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VUG. Brighton Jones LLC increased its stake in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after purchasing an additional 870 shares during the period. Jump Financial LLC purchased a new stake in shares of Vanguard Growth ETF during the second quarter valued at approximately $1,859,000. Gamco Investors INC. ET AL bought a new position in shares of Vanguard Growth ETF in the second quarter worth approximately $320,000. Alliancebernstein L.P. grew its holdings in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its stake in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after buying an additional 158 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG traded up $0.42 during midday trading on Friday, reaching $87.40. 9,678,977 shares of the stock traded hands, compared to its average volume of 9,428,997. The company has a fifty day moving average of $86.53 and a 200 day moving average of $81.32. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The stock has a market capitalization of $226.09 billion, a P/E ratio of 36.22 and a beta of 1.22.

About Vanguard Growth ETF

(Free Report)

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.

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