Bell Bank Purchases New Position in Vanguard Growth ETF (NYSEARCA:VUG)

Bell Bank purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 560,420 shares of the company’s stock, valued at approximately $207,815,000. Vanguard Growth ETF makes up 11.2% of Bell Bank’s portfolio, making the stock its 3rd largest position.

Other large investors also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $26,000. Human Investing LLC bought a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $28,000. Prudent Man Investment Management Inc. bought a new position in Vanguard Growth ETF in the fourth quarter worth about $30,000. Providence First Trust Co purchased a new position in Vanguard Growth ETF during the 4th quarter worth $33,000. Finally, Putney Financial Group LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter valued at about $37,000.

Vanguard Growth ETF Trading Up 1.3%

Shares of Vanguard Growth ETF stock opened at $423.63 on Tuesday. The firm’s 50 day simple moving average is $393.24 and its two-hundred day simple moving average is $400.60. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $429.11. The firm has a market capitalization of $419.84 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18.

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.