Rakuten Securities Inc. Buys Shares of 746 Vanguard Growth ETF (NYSEARCA:VUG)

Rakuten Securities Inc. bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 746 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $27,000. Hibernia Wealth Partners LLC bought a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $30,000. ARK Investment Management LLC raised its position in shares of Vanguard Growth ETF by 73.2% in the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares during the period. Finally, Arvest Investments Inc. bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $30,000.

Vanguard Growth ETF Stock Down 0.9 %

Shares of NYSEARCA:VUG traded down $2.92 during trading on Wednesday, reaching $332.16. The stock had a trading volume of 430,226 shares, compared to its average volume of 1,053,487. Vanguard Growth ETF has a 52 week low of $242.98 and a 52 week high of $348.88. The firm has a market capitalization of $114.43 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The stock has a fifty day simple moving average of $339.67 and a two-hundred day simple moving average of $312.50.

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.