Jennison Associates LLC Buys 1,779 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Jennison Associates LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 219.4% during the third quarter, HoldingsChannel.com reports. The fund owned 2,590 shares of the company’s stock after buying an additional 1,779 shares during the quarter. Jennison Associates LLC’s holdings in Vanguard Growth ETF were worth $994,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Vanguard Growth ETF by 30.8% during the 1st quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock valued at $38,297,000 after purchasing an additional 26,169 shares during the period. Mount Yale Investment Advisors LLC raised its stake in Vanguard Growth ETF by 3.7% in the first quarter. Mount Yale Investment Advisors LLC now owns 1,691 shares of the company’s stock worth $582,000 after buying an additional 60 shares in the last quarter. Waterford Advisors LLC raised its stake in Vanguard Growth ETF by 2.6% in the first quarter. Waterford Advisors LLC now owns 59,073 shares of the company’s stock worth $20,333,000 after buying an additional 1,504 shares in the last quarter. Waverly Advisors LLC lifted its holdings in Vanguard Growth ETF by 1.8% during the first quarter. Waverly Advisors LLC now owns 591,070 shares of the company’s stock worth $203,446,000 after buying an additional 10,667 shares during the period. Finally, Iron Gate Global Advisors LLC boosted its position in Vanguard Growth ETF by 0.7% during the 1st quarter. Iron Gate Global Advisors LLC now owns 4,666 shares of the company’s stock valued at $1,605,000 after acquiring an additional 32 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.0 %

VUG opened at $404.03 on Friday. The firm has a market cap of $139.18 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12 month low of $294.34 and a 12 month high of $410.94. The stock has a fifty day moving average price of $390.59 and a 200-day moving average price of $374.78.

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.