Financial Management Professionals Inc. Purchases New Shares in Vanguard Growth ETF (NYSEARCA:VUG)

Financial Management Professionals Inc. purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 248 shares of the company’s stock, valued at approximately $85,000.

A number of other hedge funds also recently bought and sold shares of VUG. JPMorgan Chase & Co. raised its stake in shares of Vanguard Growth ETF by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 801,455 shares of the company’s stock valued at $218,244,000 after acquiring an additional 103,829 shares during the period. Kingswood Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $723,000. Everett Harris & Co. CA raised its stake in shares of Vanguard Growth ETF by 0.8% in the fourth quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock valued at $17,668,000 after acquiring an additional 466 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Vanguard Growth ETF by 29.4% in the fourth quarter. AdvisorNet Financial Inc now owns 52,510 shares of the company’s stock valued at $16,324,000 after acquiring an additional 11,938 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Vanguard Growth ETF by 84.3% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 188 shares of the company’s stock valued at $58,000 after acquiring an additional 86 shares during the period.

Vanguard Growth ETF Trading Down 0.8 %

Shares of VUG opened at $374.01 on Friday. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $380.26. The company has a market cap of $128.84 billion, a P/E ratio of 39.58 and a beta of 1.26. The company’s fifty day simple moving average is $353.93 and its 200-day simple moving average is $337.28.

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.