Exchange Traded Concepts LLC Acquires 64,627 Shares of Vanguard Growth ETF $VUG

Exchange Traded Concepts LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 65.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,492 shares of the company’s stock after purchasing an additional 64,627 shares during the quarter. Vanguard Growth ETF makes up approximately 0.7% of Exchange Traded Concepts LLC’s investment portfolio, making the stock its 19th largest holding. Exchange Traded Concepts LLC’s holdings in Vanguard Growth ETF were worth $78,412,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VUG. Bank of America Corp DE boosted its holdings in shares of Vanguard Growth ETF by 1.8% during the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after acquiring an additional 851,110 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Vanguard Growth ETF by 12.9% during the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in Vanguard Growth ETF by 45,810.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after purchasing an additional 9,165,663 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Vanguard Growth ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after purchasing an additional 79,107 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Vanguard Growth ETF by 0.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock valued at $1,705,829,000 after purchasing an additional 16,250 shares during the period.

Vanguard Growth ETF Stock Performance

VUG opened at $488.59 on Monday. The stock has a fifty day moving average of $486.94 and a 200-day moving average of $465.43. The company has a market capitalization of $198.33 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week 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. 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.