Asset Management Corp IL ADV purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 972 shares of the company’s stock, valued at approximately $250,000.
Several other institutional investors and hedge funds also recently made changes to their positions in VUG. TD Ameritrade Investment Management LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $273,061,000. Morgan Stanley boosted its holdings in shares of Vanguard Growth ETF by 2.3% in the 4th quarter. Morgan Stanley now owns 10,787,035 shares of the company’s stock valued at $2,732,787,000 after purchasing an additional 242,961 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Vanguard Growth ETF by 30.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 953,844 shares of the company’s stock valued at $241,661,000 after purchasing an additional 224,934 shares during the last quarter. Modera Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $51,440,000. Finally, LPL Financial LLC raised its stake in shares of Vanguard Growth ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 3,304,745 shares of the company’s stock valued at $837,224,000 after acquiring an additional 166,658 shares during the period.
Shares of VUG stock traded down $4.62 during mid-day trading on Wednesday, reaching $260.00. The company’s stock had a trading volume of 30,726 shares, compared to its average volume of 919,815. The company’s 50 day simple moving average is $268.24 and its 200-day simple moving average is $254.42. Vanguard Growth ETF has a 12-month low of $176.60 and a 12-month high of $278.85.
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.
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