GEM Asset Management LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

GEM Asset Management LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 3.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 991 shares of the company’s stock after purchasing an additional 36 shares during the quarter. GEM Asset Management LLC’s holdings in Vanguard Growth ETF were worth $371,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Tidemark LLC lifted its stake in Vanguard Growth ETF by 5.3% in the 4th quarter. Tidemark LLC now owns 473 shares of the company’s stock worth $194,000 after purchasing an additional 24 shares in the last quarter. Lifeworks Advisors LLC lifted its stake in Vanguard Growth ETF by 1.0% in the 4th quarter. Lifeworks Advisors LLC now owns 2,625 shares of the company’s stock worth $1,077,000 after purchasing an additional 25 shares in the last quarter. Schnieders Capital Management LLC lifted its stake in Vanguard Growth ETF by 2.1% in the 4th quarter. Schnieders Capital Management LLC now owns 1,241 shares of the company’s stock worth $509,000 after purchasing an additional 26 shares in the last quarter. WR Wealth Planners LLC lifted its stake in Vanguard Growth ETF by 2.3% in the 4th quarter. WR Wealth Planners LLC now owns 1,165 shares of the company’s stock worth $478,000 after purchasing an additional 26 shares in the last quarter. Finally, Zacks Investment Management lifted its stake in Vanguard Growth ETF by 0.9% in the 4th quarter. Zacks Investment Management now owns 2,812 shares of the company’s stock worth $1,154,000 after purchasing an additional 26 shares in the last quarter.

Vanguard Growth ETF Stock Down 1.4%

Shares of VUG stock opened at $418.33 on Monday. The stock has a market cap of $414.59 billion, a P/E ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $429.11. The company’s fifty day simple moving average is $391.36 and its two-hundred day simple moving average is $400.50.

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.