11,017 Shares in Vanguard Growth ETF (NYSEARCA:VUG) Acquired by Gilliland Jeter Wealth Management LLC

Gilliland Jeter Wealth Management LLC bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,017 shares of the company’s stock, valued at approximately $3,425,000. Vanguard Growth ETF makes up 1.4% of Gilliland Jeter Wealth Management LLC’s holdings, making the stock its 14th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC acquired a new stake in Vanguard Growth ETF in the 2nd quarter valued at about $64,000. Capital Asset Advisory Services LLC raised its holdings in Vanguard Growth ETF by 19.1% in the third quarter. Capital Asset Advisory Services LLC now owns 1,351 shares of the company’s stock valued at $382,000 after acquiring an additional 217 shares in the last quarter. Welch Group LLC raised its holdings in Vanguard Growth ETF by 20.7% in the third quarter. Welch Group LLC now owns 897 shares of the company’s stock valued at $244,000 after acquiring an additional 154 shares in the last quarter. Olistico Wealth LLC lifted its stake in Vanguard Growth ETF by 4.2% in the third quarter. Olistico Wealth LLC now owns 33,919 shares of the company’s stock worth $9,236,000 after acquiring an additional 1,363 shares during the last quarter. Finally, SOL Capital Management CO grew its holdings in Vanguard Growth ETF by 11.3% during the 3rd quarter. SOL Capital Management CO now owns 14,647 shares of the company’s stock worth $3,989,000 after acquiring an additional 1,486 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG traded up $5.99 during midday trading on Friday, reaching $335.18. The stock had a trading volume of 1,437,363 shares, compared to its average volume of 1,058,254. The company has a market cap of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The company’s fifty day simple moving average is $338.87 and its two-hundred day simple moving average is $315.26. Vanguard Growth ETF has a 1-year low of $246.26 and a 1-year 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.