Marks Wealth LLC Acquires New Shares in Vanguard Growth ETF (NYSEARCA:VUG)

Marks Wealth LLC acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, Holdings Channel reports. The firm acquired 132,246 shares of the company’s stock, valued at approximately $54,279,000. Vanguard Growth ETF comprises 26.1% of Marks Wealth LLC’s investment portfolio, making the stock its biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Jennison Associates LLC raised its position in Vanguard Growth ETF by 219.4% in the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the period. First City Capital Management Inc. raised its holdings in shares of Vanguard Growth ETF by 30.3% in the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the period. Creative Planning lifted its stake in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after acquiring an additional 3,749 shares in the last quarter. Worth Asset Management LLC lifted its stake in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares in the last quarter. Finally, Creekside Partners purchased a new position in Vanguard Growth ETF during the 2nd quarter valued at about $365,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $426.08 on Friday. The firm has a market capitalization of $146.78 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $317.59 and a 1 year high of $428.69. The firm’s 50-day moving average is $414.30 and its two-hundred day moving average is $390.84.

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.