Newbridge Financial Services Group Inc. Has $2.65 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Newbridge Financial Services Group Inc. raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 83.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,074 shares of the company’s stock after purchasing an additional 3,214 shares during the period. Vanguard Growth ETF accounts for about 1.0% of Newbridge Financial Services Group Inc.’s investment portfolio, making the stock its 20th largest position. Newbridge Financial Services Group Inc.’s holdings in Vanguard Growth ETF were worth $2,646,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VUG. Cannon Financial Strategists Inc. bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth about $24,456,000. Sanctuary Advisors LLC bought a new position in shares of Vanguard Growth ETF in the second quarter valued at approximately $270,138,000. Creekside Partners bought a new position in shares of Vanguard Growth ETF in the second quarter valued at approximately $365,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Vanguard Growth ETF in the second quarter worth $41,175,000. Finally, Dana Investment Advisors Inc. boosted its holdings in shares of Vanguard Growth ETF by 22.9% during the 2nd quarter. Dana Investment Advisors Inc. now owns 4,432 shares of the company’s stock worth $1,658,000 after buying an additional 826 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $378.79 on Wednesday. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14. The company has a market cap of $130.49 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock’s 50-day moving average is $368.82 and its 200-day moving average is $360.25.

Vanguard Growth ETF 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.