HighTower Advisors LLC Increases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

HighTower Advisors LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,418,006 shares of the company’s stock after acquiring an additional 16,636 shares during the period. Vanguard Growth ETF accounts for about 0.8% of HighTower Advisors LLC’s investment portfolio, making the stock its 13th largest holding. HighTower Advisors LLC’s holdings in Vanguard Growth ETF were worth $582,006,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $28,000. Human Investing LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $28,000. Cardinal Strategic Wealth Guidance bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $33,000. Providence First Trust Co bought a new position in Vanguard Growth ETF in the fourth quarter valued at about $33,000. Finally, Global Trust Asset Management LLC lifted its holdings in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the period.

Vanguard Growth ETF Stock Down 0.3 %

Shares of VUG opened at $371.80 on Wednesday. The business has a 50-day simple moving average of $412.79 and a two-hundred day simple moving average of $401.34. The stock has a market cap of $360.94 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11.

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.