Valmark Advisers Inc. Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

Valmark Advisers Inc. acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,550 shares of the company’s stock, valued at approximately $258,000.

Several other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of Vanguard Growth ETF by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,916,674 shares of the company’s stock valued at $1,783,675,000 after purchasing an additional 55,811 shares during the last quarter. UBS Group AG boosted its holdings in Vanguard Growth ETF by 2.2% during the 2nd quarter. UBS Group AG now owns 10,914,331 shares of the company’s stock valued at $1,783,292,000 after acquiring an additional 237,740 shares during the period. United Capital Financial Advisers LLC boosted its holdings in Vanguard Growth ETF by 0.9% during the 2nd quarter. United Capital Financial Advisers LLC now owns 2,169,361 shares of the company’s stock valued at $354,452,000 after acquiring an additional 18,697 shares during the period. Bank of New York Mellon Corp boosted its holdings in Vanguard Growth ETF by 10.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,692,603 shares of the company’s stock valued at $276,554,000 after acquiring an additional 164,110 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Vanguard Growth ETF by 2.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,239,331 shares of the company’s stock valued at $206,076,000 after acquiring an additional 24,546 shares during the period.

VUG stock traded up $1.03 during trading on Friday, hitting $175.01. 513,074 shares of the company traded hands, compared to its average volume of 732,971. Vanguard Growth ETF has a 1 year low of $124.85 and a 1 year high of $174.02. The company has a 50-day moving average of $168.47 and a 200-day moving average of $164.90.

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.

Recommended Story: What Factors Can Affect Return on Equity?

Want to see what other hedge funds are holding VUG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Growth ETF (NYSEARCA:VUG).

Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

Receive News & Ratings for Vanguard Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.