Ameriprise Financial Inc. Increases Stock Position in Vanguard Growth ETF $VUG

Ameriprise Financial Inc. boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,886,118 shares of the company’s stock after buying an additional 16,250 shares during the period. Ameriprise Financial Inc. owned approximately 0.97% of Vanguard Growth ETF worth $1,705,829,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF during the 2nd quarter worth about $31,000. Biltmore Family Office LLC bought a new stake in shares of Vanguard Growth ETF during the second quarter valued at about $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF during the second quarter valued at about $32,000. Kilter Group LLC purchased a new stake in shares of Vanguard Growth ETF in the second quarter worth about $33,000. Finally, Anfield Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF by 266.7% in the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after buying an additional 56 shares in the last quarter.

Vanguard Growth ETF Trading Down 1.6%

Shares of NYSEARCA:VUG opened at $485.26 on Friday. The company has a 50 day moving average of $486.90 and a 200 day moving average of $462.40. The stock has a market cap of $196.98 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38.

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.