Brown Brothers Harriman & Co. Raises Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Brown Brothers Harriman & Co. lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 168.4% during the third quarter, Holdings Channel reports. The institutional investor owned 14,747 shares of the company’s stock after purchasing an additional 9,253 shares during the period. Brown Brothers Harriman & Co.’s holdings in Vanguard Growth ETF were worth $5,662,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VUG. Strategic Financial Concepts LLC lifted its holdings in Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the second quarter worth $270,138,000. Axiom Advisory LLC boosted its position in shares of Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after acquiring an additional 614,652 shares during the last quarter. Cetera Investment Advisers grew its stake in Vanguard Growth ETF by 114.2% during the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after acquiring an additional 552,439 shares in the last quarter. Finally, Retirement Investment Advisors Inc. bought a new stake in Vanguard Growth ETF in the 2nd quarter valued at $181,622,000.

Vanguard Growth ETF Stock Up 0.2 %

Shares of VUG stock opened at $404.73 on Tuesday. The company’s fifty day simple moving average is $391.20 and its two-hundred day simple moving average is $375.44. Vanguard Growth ETF has a 52 week low of $294.34 and a 52 week high of $410.94. The stock has a market cap of $139.43 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF 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.