Fifth Third Wealth Advisors LLC Grows Position in Vanguard Growth ETF (NYSEARCA:VUG)

Fifth Third Wealth Advisors LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,599 shares of the company’s stock after purchasing an additional 677 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $4,761,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. Jennison Associates LLC lifted its position in shares of Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after purchasing an additional 1,779 shares during the last quarter. Perennial Investment Advisors LLC raised its stake in Vanguard Growth ETF by 5.4% during the second quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock valued at $6,973,000 after buying an additional 962 shares in the last quarter. First City Capital Management Inc. raised its stake in Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares in the last quarter. Creative Planning lifted its holdings in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after buying an additional 3,749 shares during the last quarter. Finally, Worth Asset Management LLC grew its position in shares of Vanguard Growth ETF by 831.2% in the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.4 %

Shares of NYSEARCA VUG opened at $403.83 on Wednesday. The company has a market capitalization of $139.12 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a twelve month low of $307.85 and a twelve month high of $428.69. The business has a 50 day simple moving average of $413.12 and a 200-day simple moving average of $389.44.

Vanguard Growth ETF 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.