Northwestern Mutual Wealth Management Co. Acquires 42,179 Shares of Vanguard Growth ETF $VUG

Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,747,507 shares of the company’s stock after purchasing an additional 42,179 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.18% of Vanguard Growth ETF worth $648,011,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of VUG. Accredited Wealth Management LLC bought a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $26,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $29,000. Allianz SE bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $29,000. Hager Investment Management Services LLC bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $31,000. Finally, Costello Asset Management INC bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $31,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $458.42 on Friday. The stock has a market capitalization of $183.44 billion, a PE ratio of 36.22 and a beta of 1.11. The company’s 50-day moving average is $445.21 and its 200-day moving average is $410.23. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $465.63.

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.