Piedmont Capital Management LLC Takes Position in Vanguard Growth ETF $VUG

Piedmont Capital Management LLC bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 48,449 shares of the company’s stock, valued at approximately $23,293,000. Vanguard Growth ETF makes up 12.3% of Piedmont Capital Management LLC’s investment portfolio, making the stock its biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after buying an additional 870 shares during the last quarter. Pittenger & Anderson Inc. grew its stake in Vanguard Growth ETF by 8.1% during the second quarter. Pittenger & Anderson Inc. now owns 1,938 shares of the company’s stock valued at $850,000 after acquiring an additional 145 shares in the last quarter. Gables Capital Management Inc. increased its holdings in Vanguard Growth ETF by 6.8% in the 2nd quarter. Gables Capital Management Inc. now owns 1,872 shares of the company’s stock valued at $821,000 after acquiring an additional 120 shares during the last quarter. D.A. Davidson & CO. increased its holdings in Vanguard Growth ETF by 2.6% in the 2nd quarter. D.A. Davidson & CO. now owns 1,758,337 shares of the company’s stock valued at $770,855,000 after acquiring an additional 45,008 shares during the last quarter. Finally, Jacobsen Capital Management lifted its stake in Vanguard Growth ETF by 2.1% in the 2nd quarter. Jacobsen Capital Management now owns 102,375 shares of the company’s stock worth $44,881,000 after purchasing an additional 2,089 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.6%

Shares of Vanguard Growth ETF stock opened at $462.48 on Thursday. The firm has a market cap of $192.91 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The business has a 50-day moving average price of $481.82 and a 200-day moving average price of $478.61. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.