Hilltop Holdings Inc. Has $8.62 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Hilltop Holdings Inc. increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 13.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,734 shares of the company’s stock after buying an additional 3,224 shares during the period. Vanguard Growth ETF accounts for 1.0% of Hilltop Holdings Inc.’s portfolio, making the stock its 15th largest holding. Hilltop Holdings Inc.’s holdings in Vanguard Growth ETF were worth $8,622,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Growth ETF during the 4th quarter worth about $27,000. ARK Investment Management LLC boosted its position 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 purchasing an additional 41 shares during the period. Arvest Investments Inc. acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $30,000. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $27,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $35,000.

Vanguard Growth ETF Stock Up 1.1 %

VUG stock traded up $3.88 during mid-day trading on Friday, reaching $355.46. 938,726 shares of the stock traded hands, compared to its average volume of 1,000,046. The business has a 50-day moving average of $341.33 and a two-hundred day moving average of $325.38. Vanguard Growth ETF has a 52 week low of $259.00 and a 52 week high of $357.28. The firm has a market capitalization of $122.45 billion, a PE ratio of 39.58 and a beta of 1.26.

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.