Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Davis Capital Management

Davis Capital Management boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 648.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 621 shares of the company’s stock after acquiring an additional 538 shares during the period. Davis Capital Management’s holdings in Vanguard Growth ETF were worth $234,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Alera Investment Advisors LLC acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $206,000. Walkner Condon Financial Advisors LLC grew its position in Vanguard Growth ETF by 43.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 5,655 shares of the company’s stock valued at $1,758,000 after buying an additional 1,710 shares in the last quarter. Emerald Advisors LLC grew its position in Vanguard Growth ETF by 1.3% in the 4th quarter. Emerald Advisors LLC now owns 17,425 shares of the company’s stock valued at $5,417,000 after buying an additional 228 shares in the last quarter. Clear Creek Financial Management LLC grew its position in Vanguard Growth ETF by 35.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 9,695 shares of the company’s stock valued at $2,976,000 after buying an additional 2,534 shares in the last quarter. Finally, Breakwater Capital Group grew its position in Vanguard Growth ETF by 2.8% in the 4th quarter. Breakwater Capital Group now owns 2,717 shares of the company’s stock valued at $871,000 after buying an additional 73 shares in the last quarter.

Vanguard Growth ETF Trading Down 2.1 %

VUG traded down $7.65 on Friday, reaching $353.62. The company had a trading volume of 1,497,812 shares, compared to its average volume of 1,011,667. The company has a fifty day moving average of $370.68 and a 200-day moving average of $349.09. The company has a market capitalization of $121.82 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14.

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.