217,710 Shares in Vanguard Growth ETF $VUG Bought by Kensington Asset Management LLC

Kensington Asset Management LLC acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, Holdings Channel.com reports. The fund acquired 217,710 shares of the company’s stock, valued at approximately $95,444,000. Vanguard Growth ETF makes up approximately 7.2% of Kensington Asset Management LLC’s holdings, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Growth ETF during the second quarter valued at approximately $31,000. Biltmore Family Office LLC bought a new position in Vanguard Growth ETF during the 2nd quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Vanguard Growth ETF during the 2nd quarter worth $32,000. Allianz SE bought a new stake in shares of Vanguard Growth ETF in the 1st quarter worth $29,000. Finally, Anfield Capital Management LLC grew its stake in shares of Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $476.59 on Thursday. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The firm has a market capitalization of $193.46 billion, a P/E ratio of 36.22 and a beta of 1.17. The company’s 50-day moving average is $483.63 and its 200 day moving average is $452.76.

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.