Wingate Wealth Advisors Inc. Invests $1.73 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, Holdings Channel reports. The fund bought 4,212 shares of the company’s stock, valued at approximately $1,729,000. Vanguard Growth ETF makes up 1.7% of Wingate Wealth Advisors Inc.’s portfolio, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Matrix Asset Advisors Inc. NY lifted its holdings in Vanguard Growth ETF by 3.4% in the third quarter. Matrix Asset Advisors Inc. NY now owns 3,152 shares of the company’s stock worth $1,210,000 after buying an additional 103 shares during the period. City State Bank raised its position in shares of Vanguard Growth ETF by 18.1% in the 3rd quarter. City State Bank now owns 7,191 shares of the company’s stock worth $2,761,000 after acquiring an additional 1,104 shares in the last quarter. Retirement Planning Group LLC lifted its stake in shares of Vanguard Growth ETF by 18.7% in the 3rd quarter. Retirement Planning Group LLC now owns 57,672 shares of the company’s stock valued at $22,142,000 after purchasing an additional 9,104 shares during the period. Compton Wealth Advisory Group LLC boosted its position in shares of Vanguard Growth ETF by 0.8% during the third quarter. Compton Wealth Advisory Group LLC now owns 8,806 shares of the company’s stock valued at $3,381,000 after purchasing an additional 70 shares in the last quarter. Finally, Hart & Patterson Financial Group LLC grew its stake in Vanguard Growth ETF by 2.2% in the third quarter. Hart & Patterson Financial Group LLC now owns 10,059 shares of the company’s stock worth $3,862,000 after purchasing an additional 221 shares during the period.

Vanguard Growth ETF Trading Down 1.0 %

VUG opened at $418.82 on Monday. The company has a market cap of $144.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock has a fifty day simple moving average of $418.03 and a two-hundred day simple moving average of $394.01. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $428.69.

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.