Gemmer Asset Management LLC Has $15.85 Million Position in Vanguard Growth ETF $VUG

Gemmer Asset Management LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 36,150 shares of the company’s stock after purchasing an additional 830 shares during the quarter. Vanguard Growth ETF comprises 1.4% of Gemmer Asset Management LLC’s holdings, making the stock its 22nd biggest position. Gemmer Asset Management LLC’s holdings in Vanguard Growth ETF were worth $15,848,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Growth ETF during the first quarter valued at approximately $29,000. Allianz SE acquired a new position in Vanguard Growth ETF during the first quarter valued at approximately $29,000. Hager Investment Management Services LLC acquired a new position in Vanguard Growth ETF during the first quarter valued at approximately $31,000. Costello Asset Management INC acquired a new position in Vanguard Growth ETF during the first quarter valued at approximately $31,000. Finally, Legend Financial Advisors Inc. acquired a new position in Vanguard Growth ETF during the second quarter valued at approximately $31,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of VUG stock opened at $481.44 on Friday. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $484.77. The business’s 50 day moving average is $464.97 and its two-hundred day moving average is $424.29. The company has a market cap of $195.83 billion, a PE ratio of 36.22 and a beta of 1.11.

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.