Laffer Tengler Investments Inc. Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Laffer Tengler Investments Inc. raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 25.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 841 shares of the company’s stock after acquiring an additional 170 shares during the quarter. Laffer Tengler Investments Inc.’s holdings in Vanguard Growth ETF were worth $323,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VUG. S.A. Mason LLC boosted its position in Vanguard Growth ETF by 1.4% during the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after purchasing an additional 27 shares during the period. Brave Asset Management Inc. increased its holdings in shares of Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock worth $241,000 after acquiring an additional 27 shares during the period. IFG Advisors LLC lifted its position in Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after purchasing an additional 27 shares during the last quarter. Stockman Wealth Management Inc. boosted its stake in Vanguard Growth ETF by 2.3% during the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after purchasing an additional 27 shares during the period. Finally, Eastover Investment Advisors LLC increased its stake in shares of Vanguard Growth ETF by 4.6% in the third quarter. Eastover Investment Advisors LLC now owns 641 shares of the company’s stock valued at $246,000 after purchasing an additional 28 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG traded down $0.21 during midday trading on Monday, hitting $407.87. 218,032 shares of the company’s stock were exchanged, compared to its average volume of 1,018,995. Vanguard Growth ETF has a twelve month low of $286.45 and a twelve month high of $409.50. The firm has a market cap of $140.51 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock’s 50 day moving average price is $383.05 and its 200-day moving average price is $370.19.

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.