Kovack Advisors Inc. Acquires 915 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Kovack Advisors Inc. increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 17,396 shares of the company’s stock after purchasing an additional 915 shares during the period. Vanguard Growth ETF makes up approximately 0.7% of Kovack Advisors Inc.’s holdings, making the stock its 23rd largest position. Kovack Advisors Inc.’s holdings in Vanguard Growth ETF were worth $6,679,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Growth ETF by 1.4% in the third quarter. Pinnacle Financial Partners Inc now owns 152,206 shares of the company’s stock worth $58,437,000 after acquiring an additional 2,057 shares during the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC boosted its holdings in Vanguard Growth ETF by 22.7% in the 3rd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 8,770 shares of the company’s stock valued at $3,376,000 after purchasing an additional 1,622 shares during the period. Aptus Capital Advisors LLC boosted its holdings in Vanguard Growth ETF by 120.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 10,987 shares of the company’s stock valued at $4,218,000 after purchasing an additional 6,010 shares during the period. Savvy Advisors Inc. grew its position in Vanguard Growth ETF by 49.8% in the 3rd quarter. Savvy Advisors Inc. now owns 8,850 shares of the company’s stock worth $3,398,000 after purchasing an additional 2,944 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of Vanguard Growth ETF by 6.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,409 shares of the company’s stock worth $4,380,000 after purchasing an additional 729 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG traded down $0.22 during mid-day trading on Wednesday, hitting $408.58. The company had a trading volume of 193,713 shares, compared to its average volume of 1,018,141. Vanguard Growth ETF has a 12 month low of $292.85 and a 12 month high of $409.72. The firm has a market cap of $140.75 billion, a P/E ratio of 39.58 and a beta of 1.26. The business’s 50-day simple moving average is $384.60 and its 200-day simple moving average is $371.27.

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.