Northwestern Mutual Wealth Management Co. Boosts Stock Position in Vanguard Growth ETF $VUG

Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 513.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,888,180 shares of the company’s stock after purchasing an additional 9,112,231 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.42% of Vanguard Growth ETF worth $937,908,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VUG. Bonfire Financial lifted its holdings in Vanguard Growth ETF by 494.4% during the 2nd quarter. Bonfire Financial now owns 102,807 shares of the company’s stock valued at $8,856,000 after buying an additional 85,512 shares in the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at $1,635,000. Abound Wealth Management grew its stake in shares of Vanguard Growth ETF by 602.7% during the 2nd quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock worth $901,000 after purchasing an additional 8,968 shares during the period. Calder Financial LLC grew its holdings in Vanguard Growth ETF by 502.0% in the second quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock valued at $4,815,000 after purchasing an additional 46,609 shares during the period. Finally, BOK Financial Private Wealth Inc. increased its stake in Vanguard Growth ETF by 500.1% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 2,136,784 shares of the company’s stock worth $184,063,000 after buying an additional 1,780,703 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $88.24 on Tuesday. The company’s 50 day simple moving average is $86.51 and its two-hundred day simple moving average is $82.89. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm has a market capitalization of $228.26 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.