Pointe Capital Management LLC Has $669,000 Holdings in Vanguard Growth ETF $VUG

Pointe Capital Management LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,770 shares of the company’s stock after acquiring an additional 6,475 shares during the quarter. Pointe Capital Management LLC’s holdings in Vanguard Growth ETF were worth $669,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of VUG. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Growth ETF by 458.6% during the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock worth $18,137,223,000 after purchasing an additional 179,884,185 shares during the period. Bank of America Corp DE raised its position in shares of Vanguard Growth ETF by 14.1% in the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after buying an additional 6,771,524 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 539.0% in the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after buying an additional 19,678,907 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Growth ETF by 513.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock worth $937,908,000 after buying an additional 9,112,231 shares in the last quarter. Finally, Valpey Financial Services LLC increased its stake in Vanguard Growth ETF by 46,787.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after acquiring an additional 8,151,373 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $87.40 on Wednesday. The stock has a market capitalization of $226.09 billion, a PE ratio of 36.22 and a beta of 1.22. The business has a fifty day moving average price of $86.36 and a two-hundred day moving average price of $82.60. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60.

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.