HTLF Bank Purchases New Position in Vanguard Growth ETF (NYSEARCA:VUG)

HTLF Bank acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 186,506 shares of the company’s stock, valued at approximately $57,981,000. Vanguard Growth ETF comprises approximately 6.8% of HTLF Bank’s holdings, making the stock its 2nd biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC increased its position in Vanguard Growth ETF by 118,736.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 424,890,653 shares of the company’s stock valued at $90,548,447,000 after acquiring an additional 424,533,112 shares in the last quarter. Morgan Stanley increased its position in Vanguard Growth ETF by 2.9% in the 3rd quarter. Morgan Stanley now owns 12,252,916 shares of the company’s stock valued at $3,336,592,000 after acquiring an additional 350,950 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Growth ETF by 3.5% in the 3rd quarter. LPL Financial LLC now owns 4,482,941 shares of the company’s stock valued at $1,220,750,000 after acquiring an additional 150,564 shares in the last quarter. TIAA Trust National Association increased its position in Vanguard Growth ETF by 1.3% in the 4th quarter. TIAA Trust National Association now owns 3,417,277 shares of the company’s stock valued at $1,062,363,000 after acquiring an additional 44,928 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in Vanguard Growth ETF by 1.0% in the 2nd quarter. Wells Fargo & Company MN now owns 3,117,447 shares of the company’s stock valued at $882,113,000 after acquiring an additional 29,966 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG traded down $3.38 during midday trading on Friday, hitting $326.52. The company had a trading volume of 454,506 shares, compared to its average volume of 1,049,574. Vanguard Growth ETF has a twelve month low of $242.98 and a twelve month high of $348.88. The firm’s 50-day simple moving average is $339.55 and its 200-day simple moving average is $312.75. The company has a market capitalization of $112.48 billion, a PE ratio of 40.31 and a beta of 1.24.

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.