Hohimer Wealth Management LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Hohimer Wealth Management LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,376 shares of the company’s stock after purchasing an additional 1,009 shares during the period. Vanguard Growth ETF makes up approximately 2.5% of Hohimer Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Hohimer Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $10,613,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in Vanguard Growth ETF by 7.3% in the 4th quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock worth $5,980,965,000 after buying an additional 1,301,935 shares during the last quarter. Cetera Investment Advisers raised its position in Vanguard Growth ETF by 114.2% in the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after buying an additional 552,439 shares during the last quarter. Pathstone Holdings LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth about $107,753,000. Balentine LLC raised its position in Vanguard Growth ETF by 33.7% in the 4th quarter. Balentine LLC now owns 1,220,433 shares of the company’s stock worth $379,408,000 after buying an additional 307,721 shares during the last quarter. Finally, Trust Co of Tennessee purchased a new position in Vanguard Growth ETF in the 2nd quarter worth about $95,811,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG traded up $0.94 during midday trading on Thursday, hitting $364.21. 277,685 shares of the company’s stock traded hands, compared to its average volume of 1,012,339. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The stock has a market capitalization of $125.47 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average of $371.20 and a 200 day moving average of $355.23.

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.