Cambridge Capital Management LLC Makes New $30.47 Million Investment in Vanguard Growth ETF $VUG

Cambridge Capital Management LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 69,503 shares of the company’s stock, valued at approximately $30,470,000. Vanguard Growth ETF accounts for 16.3% of Cambridge Capital Management LLC’s investment portfolio, making the stock its biggest position.

Several other institutional investors also recently bought and sold shares of VUG. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after buying an additional 330,550 shares during the period. TIAA Trust National Association lifted its holdings in shares of Vanguard Growth ETF by 0.5% in the 1st quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock valued at $1,342,817,000 after buying an additional 17,656 shares during the period. EP Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 3.4% in the 1st quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock valued at $1,237,228,000 after purchasing an additional 109,654 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Vanguard Growth ETF by 11.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,637,078 shares of the company’s stock valued at $977,881,000 after purchasing an additional 271,661 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.7%

NYSEARCA:VUG opened at $480.97 on Thursday. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $488.51. The stock has a 50 day moving average of $471.50 and a two-hundred day moving average of $433.53. The firm has a market cap of $195.24 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.