Kestra Private Wealth Services LLC Raises Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Kestra Private Wealth Services LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 11.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 124,135 shares of the company’s stock after buying an additional 12,926 shares during the period. Vanguard Growth ETF comprises 1.0% of Kestra Private Wealth Services LLC’s holdings, making the stock its 13th largest holding. Kestra Private Wealth Services LLC’s holdings in Vanguard Growth ETF were worth $38,591,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VUG. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF during the fourth quarter worth $27,000. ARK Investment Management LLC increased its position in Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $30,000. Finally, Orion Capital Management LLC bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth about $35,000.

Vanguard Growth ETF Stock Up 0.2 %

NYSEARCA:VUG traded up $0.79 during mid-day trading on Monday, hitting $335.97. 807,746 shares of the stock traded hands, compared to its average volume of 1,055,209. The stock has a market capitalization of $115.74 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 52 week low of $246.28 and a 52 week high of $348.88. The firm’s 50 day moving average is $338.92 and its two-hundred day moving average is $315.88.

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.