Steele Capital Management Inc. Buys New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Steele Capital Management Inc. acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, HoldingsChannel reports. The firm acquired 826 shares of the company’s stock, valued at approximately $257,000.

Several other institutional investors have also bought and sold shares of the stock. Allspring Global Investments Holdings LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter worth approximately $27,000. ARK Investment Management LLC grew its holdings in Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 41 shares during the period. Arvest Investments Inc. bought a new stake in Vanguard Growth ETF in the fourth quarter worth about $30,000. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Vanguard Growth ETF in the 3rd quarter valued at about $27,000. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $35,000.

Vanguard Growth ETF Trading Down 0.4 %

VUG stock traded down $1.47 on Tuesday, hitting $334.56. 240,746 shares of the company’s stock traded hands, compared to its average volume of 1,044,803. The stock has a market cap of $115.25 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 1-year low of $246.28 and a 1-year high of $348.88. The stock has a fifty day moving average of $338.92 and a 200-day moving average of $315.88.

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.