Cassady Schiller Wealth Management LLC Increases Position in Vanguard Growth ETF (NYSEARCA:VUG)

Cassady Schiller Wealth Management LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 20.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 83,379 shares of the company’s stock after buying an additional 14,179 shares during the quarter. Vanguard Growth ETF accounts for 12.6% of Cassady Schiller Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Cassady Schiller Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $34,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC grew 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 worth $994,000 after buying an additional 1,779 shares during the last quarter. First City Capital Management Inc. grew its position in Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after purchasing an additional 276 shares in the last quarter. Principal Financial Group Inc. purchased a new position in Vanguard Growth ETF during the 4th quarter worth approximately $2,232,000. Empowered Funds LLC purchased a new position in Vanguard Growth ETF during the 4th quarter worth approximately $236,000. Finally, Argentarii LLC purchased a new position in Vanguard Growth ETF during the 4th quarter worth approximately $710,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $378.33 on Monday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The stock has a market cap of $374.94 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The firm’s 50 day moving average price is $410.55 and its two-hundred day moving average price is $401.34.

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.