HighTower Advisors LLC Increases Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

HighTower Advisors LLC increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,418,006 shares of the company’s stock after purchasing an additional 16,636 shares during the quarter. Vanguard Growth ETF comprises about 0.8% of HighTower Advisors LLC’s holdings, making the stock its 13th largest position. HighTower Advisors LLC owned 0.41% of Vanguard Growth ETF worth $582,006,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Human Investing LLC purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $33,000. Providence First Trust Co purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $33,000. Finally, Global Trust Asset Management LLC boosted its holdings in shares of Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.3 %

VUG opened at $371.80 on Wednesday. The stock has a 50-day moving average price of $412.79 and a 200-day moving average price of $401.34. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The stock has a market capitalization of $360.94 billion, a P/E ratio of 37.80 and a beta of 1.12.

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.