Baird Financial Group Inc. Boosts Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Baird Financial Group Inc. raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 37.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 440,966 shares of the company’s stock after acquiring an additional 120,318 shares during the quarter. Baird Financial Group Inc. owned approximately 0.13% of Vanguard Growth ETF worth $180,990,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Benjamin Edwards Inc. grew its stake in shares of Vanguard Growth ETF by 81.4% during the 4th quarter. Benjamin Edwards Inc. now owns 6,473 shares of the company’s stock worth $2,659,000 after acquiring an additional 2,904 shares during the period. BIP Wealth LLC lifted its holdings in Vanguard Growth ETF by 12.0% during the fourth quarter. BIP Wealth LLC now owns 11,669 shares of the company’s stock valued at $4,789,000 after purchasing an additional 1,251 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Growth ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock worth $1,453,526,000 after purchasing an additional 23,605 shares during the period. Alteri Wealth LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $736,000. Finally, Aptus Capital Advisors LLC raised its position in shares of Vanguard Growth ETF by 11.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 12,247 shares of the company’s stock valued at $5,027,000 after purchasing an additional 1,260 shares during the period.

Vanguard Growth ETF Trading Up 1.4 %

Shares of VUG stock opened at $389.30 on Friday. The firm’s 50 day moving average is $371.91 and its 200 day moving average is $398.06. The stock has a market capitalization of $385.82 billion, a P/E ratio of 31.99 and a beta of 1.19. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $429.11.

Vanguard Growth ETF Company 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.