Retirement Investment Advisors Inc. Buys New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Retirement Investment Advisors Inc. bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 485,607 shares of the company’s stock, valued at approximately $181,622,000. Vanguard Growth ETF accounts for about 22.1% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its largest position. Retirement Investment Advisors Inc. owned about 0.14% of Vanguard Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Assets Advisory LLC acquired a new position in Vanguard Growth ETF during the first quarter valued at $38,393,000. Comerica Bank increased its holdings in Vanguard Growth ETF by 11.4% in the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock valued at $44,527,000 after buying an additional 14,695 shares in the last quarter. Waterloo Capital L.P. purchased a new position in Vanguard Growth ETF in the fourth quarter valued at $292,000. Buckingham Strategic Partners LLC increased its holdings in Vanguard Growth ETF by 5.1% in the fourth quarter. Buckingham Strategic Partners LLC now owns 8,463 shares of the company’s stock valued at $2,631,000 after buying an additional 413 shares in the last quarter. Finally, NBC Securities Inc. increased its holdings in Vanguard Growth ETF by 22.3% in the first quarter. NBC Securities Inc. now owns 603 shares of the company’s stock valued at $217,000 after buying an additional 110 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $382.01 on Friday. Vanguard Growth ETF has a fifty-two week low of $260.65 and a fifty-two week high of $392.14. The company has a fifty day moving average of $368.32 and a two-hundred day moving average of $357.62. The stock has a market capitalization of $131.60 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.