Baring Financial LLC Invests $1.51 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Baring Financial LLC bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,668 shares of the company’s stock, valued at approximately $1,505,000. Vanguard Growth ETF accounts for about 1.3% of Baring Financial LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Pekin Hardy Strauss Inc. grew its position in Vanguard Growth ETF by 1.2% during the third quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after buying an additional 25 shares in the last quarter. IFG Advisors LLC lifted its position in shares of Vanguard Growth ETF by 1.3% during the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the period. Stockman Wealth Management Inc. grew its holdings in shares of Vanguard Growth ETF by 2.3% during the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock worth $455,000 after purchasing an additional 27 shares in the last quarter. Rakuten Securities Inc. increased its position in shares of Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after purchasing an additional 27 shares during the period. Finally, HBW Advisory Services LLC increased its position in shares of Vanguard Growth ETF by 0.8% in the fourth quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock worth $1,448,000 after purchasing an additional 27 shares during the period.

Vanguard Growth ETF Stock Down 0.7 %

VUG opened at $419.38 on Thursday. The stock has a market capitalization of $144.47 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a twelve month low of $317.59 and a twelve month high of $428.69. The company has a 50-day simple moving average of $415.86 and a 200 day simple moving average of $391.82.

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.