Members Trust Co Increases Position in Vanguard Growth ETF $VUG

Members Trust Co increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 495.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,582,375 shares of the company’s stock after purchasing an additional 1,316,422 shares during the quarter. Vanguard Growth ETF makes up about 4.2% of Members Trust Co’s investment portfolio, making the stock its 4th biggest holding. Members Trust Co’s holdings in Vanguard Growth ETF were worth $136,306,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares in the last quarter. Jump Financial LLC bought a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $1,859,000. Gamco Investors INC. ET AL bought a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $320,000. Alliancebernstein L.P. increased its position in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after acquiring an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its position in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after acquiring an additional 158 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $87.86 on Wednesday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The firm has a market capitalization of $227.28 billion, a PE ratio of 36.22 and a beta of 1.22. The business’s 50-day simple moving average is $86.19 and its 200 day simple moving average is $82.33.

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. 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.