Madison Asset Management LLC Has $6.33 Million Stock Holdings in Vanguard Growth ETF $VUG

Madison Asset Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 56.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 13,189 shares of the company’s stock after buying an additional 4,738 shares during the period. Madison Asset Management LLC’s holdings in Vanguard Growth ETF were worth $6,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Biltmore Family Office LLC bought a new stake in shares of Vanguard Growth ETF during the second quarter valued at approximately $31,000. Kilter Group LLC acquired a new position in Vanguard Growth ETF during the 2nd quarter worth $33,000. Anfield Capital Management LLC boosted its position in Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after buying an additional 56 shares during the last quarter. Friedenthal Financial bought a new position in Vanguard Growth ETF in the 3rd quarter valued at $38,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at $46,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of VUG opened at $469.03 on Thursday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38. The firm has a market capitalization of $195.65 billion, a PE ratio of 36.22 and a beta of 1.17. The stock’s fifty day simple moving average is $485.17 and its 200-day simple moving average is $478.38.

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. 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.