Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by SVB Wealth LLC

SVB Wealth LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 134.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,530 shares of the company’s stock after purchasing an additional 16,941 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard Growth ETF were worth $9,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Merit Financial Group LLC lifted its holdings in Vanguard Growth ETF by 1.8% in the 3rd quarter. Merit Financial Group LLC now owns 682,363 shares of the company’s stock worth $185,814,000 after buying an additional 12,224 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Growth ETF by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 801,455 shares of the company’s stock worth $218,244,000 after acquiring an additional 103,829 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $723,000. Northstar Asset Management LLC boosted its holdings in Vanguard Growth ETF by 1.9% in the third quarter. Northstar Asset Management LLC now owns 24,660 shares of the company’s stock valued at $6,715,000 after purchasing an additional 455 shares during the last quarter. Finally, Everett Harris & Co. CA grew its stake in Vanguard Growth ETF by 0.8% during the 4th quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock valued at $17,668,000 after purchasing an additional 466 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $334.82 on Wednesday. The company has a market capitalization of $115.34 billion, a P/E ratio of 40.31 and a beta of 1.24. The company has a 50-day moving average of $339.67 and a 200-day moving average of $312.50. Vanguard Growth ETF has a 1-year low of $242.98 and a 1-year high of $348.88.

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.