Covenant Asset Management LLC raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 36.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,670 shares of the company’s stock after buying an additional 718 shares during the quarter. Covenant Asset Management LLC’s holdings in Vanguard Growth ETF were worth $444,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ibex Wealth Advisors acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth $36,000. Larson Financial Group LLC grew its holdings in shares of Vanguard Growth ETF by 151.8% during the 3rd quarter. Larson Financial Group LLC now owns 214 shares of the company’s stock worth $36,000 after purchasing an additional 129 shares in the last quarter. Family Management Corp acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth $47,000. Putnam FL Investment Management Co. acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth $49,000. Finally, First Financial Corp IN acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth $51,000.
VUG opened at $167.61 on Friday. Vanguard Growth ETF has a 52-week low of $124.85 and a 52-week high of $170.42. The business’s fifty day moving average is $166.91 and its 200-day moving average is $163.60.
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.
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