GDS Wealth Management Purchases Shares of 617 Vanguard Growth ETF (NYSEARCA:VUG)

GDS Wealth Management acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 617 shares of the company’s stock, valued at approximately $253,000.

A number of other institutional investors also recently made changes to their positions in the company. Marshall Financial Group Inc. ADV raised its stake in Vanguard Growth ETF by 0.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 33,008 shares of the company’s stock worth $13,548,000 after purchasing an additional 157 shares in the last quarter. Holistic Planning LLC increased its holdings in shares of Vanguard Growth ETF by 6.7% during the fourth quarter. Holistic Planning LLC now owns 14,870 shares of the company’s stock worth $6,103,000 after purchasing an additional 933 shares during the period. Financial Life Planners bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $437,000. Wealthspan Partners LLC raised its position in shares of Vanguard Growth ETF by 1.2% in the fourth quarter. Wealthspan Partners LLC now owns 80,068 shares of the company’s stock valued at $32,863,000 after buying an additional 957 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in shares of Vanguard Growth ETF by 367.4% in the fourth quarter. Jennison Associates LLC now owns 12,106 shares of the company’s stock valued at $4,969,000 after buying an additional 9,516 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $414.22 on Tuesday. The company has a market cap of $142.69 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $428.69. The stock has a fifty day moving average price of $416.78 and a 200-day moving average price of $392.57.

Vanguard Growth ETF 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.