SVB Wealth LLC Acquires 7,661 Shares of Vanguard Growth ETF $VUG

SVB Wealth LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUGFree Report) by 358.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,796 shares of the company’s stock after purchasing an additional 7,661 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard Growth ETF were worth $844,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Capital Advantage Inc. grew its holdings in shares of Vanguard Growth ETF by 1,343.4% in the 2nd quarter. Capital Advantage Inc. now owns 12,514 shares of the company’s stock valued at $1,078,000 after acquiring an additional 11,647 shares in the last quarter. Concorde Asset Management LLC raised its holdings in Vanguard Growth ETF by 637.2% during the second quarter. Concorde Asset Management LLC now owns 4,969 shares of the company’s stock worth $428,000 after acquiring an additional 4,295 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in Vanguard Growth ETF by 517.1% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 23,942 shares of the company’s stock worth $2,062,000 after acquiring an additional 20,062 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in Vanguard Growth ETF by 601.0% during the second quarter. Integrated Wealth Concepts LLC now owns 479,122 shares of the company’s stock valued at $41,272,000 after purchasing an additional 410,774 shares during the last quarter. Finally, Community Bank N.A. boosted its position in Vanguard Growth ETF by 493.8% during the second quarter. Community Bank N.A. now owns 7,868 shares of the company’s stock valued at $678,000 after purchasing an additional 6,543 shares during the last quarter.

Vanguard Growth ETF Stock Down 0.5%

VUG stock opened at $87.68 on Thursday. The business has a 50 day moving average price of $87.03 and a two-hundred day moving average price of $83.44. The company has a market cap of $226.81 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

About Vanguard Growth ETF

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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