Raymond James Financial Inc. Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

Raymond James Financial Inc. acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,365,418 shares of the company’s stock, valued at approximately $970,862,000. Raymond James Financial Inc. owned approximately 0.69% of Vanguard Growth ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $28,000. Human Investing LLC bought a new stake in Vanguard Growth ETF during the fourth quarter valued at $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $33,000. Providence First Trust Co bought a new position in Vanguard Growth ETF in the 4th quarter worth about $33,000. Finally, Global Trust Asset Management LLC raised its holdings in shares of Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter.

Vanguard Growth ETF Trading Up 1.5 %

Shares of VUG opened at $399.24 on Thursday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The company has a market cap of $387.57 billion, a PE ratio of 37.80 and a beta of 1.12. The stock has a 50-day moving average price of $415.76 and a 200-day moving average price of $401.08.

About Vanguard Growth ETF

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.