Davidson Trust Co. Raises Stock Position in Vanguard Growth ETF $VUG

Davidson Trust Co. grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,877 shares of the company’s stock after purchasing an additional 307 shares during the quarter. Vanguard Growth ETF makes up approximately 2.0% of Davidson Trust Co.’s portfolio, making the stock its 9th largest holding. Davidson Trust Co.’s holdings in Vanguard Growth ETF were worth $4,329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VUG. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Growth ETF in the first quarter valued at approximately $29,000. Allianz SE bought a new position in shares of Vanguard Growth ETF in the first quarter valued at approximately $29,000. Hager Investment Management Services LLC bought a new position in shares of Vanguard Growth ETF in the first quarter valued at approximately $31,000. Costello Asset Management INC bought a new position in shares of Vanguard Growth ETF in the first quarter valued at approximately $31,000. Finally, Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF during the second quarter worth $31,000.

Vanguard Growth ETF Trading Down 0.8%

Shares of VUG stock opened at $475.89 on Wednesday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $488.51. The firm’s fifty day simple moving average is $468.94 and its 200 day simple moving average is $429.10. The firm has a market capitalization of $193.17 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.