Horizon Investments LLC Boosts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Horizon Investments LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,943 shares of the company’s stock after acquiring an additional 1,103 shares during the quarter. Horizon Investments LLC’s holdings in Vanguard Growth ETF were worth $5,723,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Jennison Associates LLC raised its stake in Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the last quarter. First City Capital Management Inc. raised its position in shares of Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $2,232,000. Empowered Funds LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $236,000. Finally, Argentarii LLC acquired a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $710,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $379.56 on Tuesday. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The company has a market capitalization of $376.16 billion, a PE ratio of 35.10 and a beta of 1.14. The stock has a fifty day moving average of $409.72 and a two-hundred day moving average of $401.39.

Vanguard Growth ETF Company 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.