Bridges Investment Management Inc. Raises Stake in Vanguard Growth ETF $VUG

Bridges Investment Management Inc. lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,870 shares of the company’s stock after buying an additional 150 shares during the quarter. Bridges Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $2,573,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VUG. Rosenberg Matthew Hamilton boosted its holdings in shares of Vanguard Growth ETF by 21.8% during the second quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock valued at $54,000 after acquiring an additional 22 shares during the period. Wells Trecaso Financial Group LLC boosted its holdings in shares of Vanguard Growth ETF by 2.7% during the second quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock valued at $388,000 after acquiring an additional 23 shares during the period. K2 Financial Inc. boosted its holdings in shares of Vanguard Growth ETF by 0.5% during the second quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after acquiring an additional 25 shares during the period. Crestwood Advisors Group LLC boosted its holdings in shares of Vanguard Growth ETF by 0.5% during the first quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock valued at $1,935,000 after acquiring an additional 26 shares during the period. Finally, Balanced Rock Investment Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 1.4% during the first quarter. Balanced Rock Investment Advisors LLC now owns 1,893 shares of the company’s stock valued at $702,000 after acquiring an additional 26 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $476.08 on Friday. The company has a market cap of $193.25 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. The firm has a fifty day moving average of $469.80 and a 200-day moving average of $430.17. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $488.51.

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.