Balentine LLC Grows Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Balentine LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,733,164 shares of the company’s stock after buying an additional 13,133 shares during the period. Vanguard Growth ETF makes up approximately 26.2% of Balentine LLC’s holdings, making the stock its biggest holding. Balentine LLC’s holdings in Vanguard Growth ETF were worth $665,414,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VUG. Axiom Advisory LLC lifted its stake in Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after acquiring an additional 614,652 shares in the last quarter. Strategic Financial Concepts LLC grew its position in Vanguard Growth ETF by 40,514.9% in the second quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. LPL Financial LLC increased its stake in Vanguard Growth ETF by 4.5% in the 2nd quarter. LPL Financial LLC now owns 4,940,097 shares of the company’s stock valued at $1,847,646,000 after buying an additional 211,575 shares during the last quarter. TIAA Trust National Association lifted its position in Vanguard Growth ETF by 1.2% during the 2nd quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock worth $1,339,041,000 after buying an additional 40,907 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 2.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock valued at $1,115,381,000 after acquiring an additional 70,828 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $390.21 on Wednesday. The business’s 50-day simple moving average is $381.16 and its 200 day simple moving average is $368.60. The firm has a market capitalization of $134.42 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $279.51 and a 52-week high of $397.18.

Vanguard Growth ETF Company Profile

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.