Martel Wealth Advisors Inc Buys 2,481 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Martel Wealth Advisors Inc grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 235,507 shares of the company’s stock after acquiring an additional 2,481 shares during the quarter. Vanguard Growth ETF comprises approximately 18.9% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its biggest position. Martel Wealth Advisors Inc owned about 0.07% of Vanguard Growth ETF worth $96,662,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VUG. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new stake in Vanguard Growth ETF during the third quarter worth $35,000. Rosenberg Matthew Hamilton raised its position in Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after purchasing an additional 84 shares during the period. Transcendent Capital Group LLC lifted its stake in shares of Vanguard Growth ETF by 420.8% in the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter worth $48,000.

Vanguard Growth ETF Trading Up 1.3 %

Shares of NYSEARCA:VUG opened at $415.91 on Tuesday. The company has a market capitalization of $143.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12-month low of $312.19 and a 12-month high of $428.69. The business has a 50-day moving average price of $413.64 and a 200 day moving average price of $390.15.

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.