HighTower Advisors LLC Increases Stock Position in Vanguard Growth ETF $VUG

HighTower Advisors LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 505.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,627,196 shares of the company’s stock after purchasing an additional 8,038,008 shares during the period. Vanguard Growth ETF accounts for about 0.8% of HighTower Advisors LLC’s holdings, making the stock its 29th biggest position. HighTower Advisors LLC’s holdings in Vanguard Growth ETF were worth $829,287,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 458.6% in the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after buying an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 539.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after buying an additional 19,678,907 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Growth ETF by 513.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after acquiring an additional 9,112,231 shares in the last quarter. Finally, Valpey Financial Services LLC increased its position in shares of Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after acquiring an additional 8,151,373 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $88.45 on Monday. The business’s fifty day simple moving average is $86.88 and its 200 day simple moving average is $83.21. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm has a market capitalization of $228.81 billion, a P/E ratio of 36.22 and a beta of 1.22.

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. 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.