Platte River Wealth Advisors LLC Has $18.20 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Platte River Wealth Advisors LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,673 shares of the company’s stock after acquiring an additional 1,738 shares during the quarter. Vanguard Growth ETF makes up approximately 5.1% of Platte River Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position. Platte River Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $18,204,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. International Assets Investment Management LLC acquired a new position in Vanguard Growth ETF during the 4th quarter worth about $2,286,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth approximately $27,000. Vontobel Holding Ltd. boosted its holdings in Vanguard Growth ETF by 2.0% in the fourth quarter. Vontobel Holding Ltd. now owns 7,139 shares of the company’s stock valued at $2,219,000 after acquiring an additional 139 shares during the last quarter. HTLF Bank acquired a new stake in Vanguard Growth ETF during the 4th quarter valued at approximately $57,981,000. Finally, Cutler Investment Counsel LLC raised its holdings in Vanguard Growth ETF by 158.1% during the 4th quarter. Cutler Investment Counsel LLC now owns 25,960 shares of the company’s stock worth $8,070,000 after purchasing an additional 15,902 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG traded up $4.53 during midday trading on Monday, reaching $377.68. The stock had a trading volume of 873,401 shares, compared to its average volume of 1,022,864. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $392.14. The company’s 50 day moving average price is $370.77 and its 200 day moving average price is $351.57. The firm has a market cap of $130.11 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.