Greenleaf Trust Raises Holdings in Vanguard Growth ETF $VUG

Greenleaf Trust lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 552.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,723 shares of the company’s stock after purchasing an additional 41,260 shares during the quarter. Greenleaf Trust’s holdings in Vanguard Growth ETF were worth $4,197,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after acquiring an additional 870 shares in the last quarter. Jump Financial LLC acquired a new stake in Vanguard Growth ETF in the second quarter valued at $1,859,000. Gamco Investors INC. ET AL purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth $320,000. Alliancebernstein L.P. boosted its position in shares of Vanguard Growth ETF by 142.2% during the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its position in shares of Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.4%

Shares of NYSEARCA VUG opened at $88.54 on Friday. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The firm has a 50-day moving average price of $86.47 and a 200 day moving average price of $82.79. The stock has a market capitalization of $229.04 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.