Covington Investment Advisors Inc. lifted its position in Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 472.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 54,394 shares of the company’s stock after buying an additional 44,897 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Vanguard Growth ETF were worth $4,685,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of VUG. Bank of America Corp DE grew its position in Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after acquiring an additional 6,771,524 shares in the last quarter. EP Wealth Advisors LLC lifted its position in shares of Vanguard Growth ETF by 539.0% during the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after purchasing an additional 19,678,907 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Growth ETF by 513.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after purchasing an additional 9,112,231 shares during the period. Valpey Financial Services LLC boosted its stake in shares of Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after purchasing an additional 8,151,373 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Vanguard Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock valued at $2,678,790,000 after purchasing an additional 24,146 shares in the last quarter.
Vanguard Growth ETF Price Performance
Shares of VUG opened at $87.50 on Monday. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The firm’s 50 day moving average price is $86.36 and its 200 day moving average price is $82.48. The company has a market cap of $226.35 billion, a P/E ratio of 36.22 and a beta of 1.22.
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.
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