Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. boosted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,773 shares of the company’s stock after acquiring an additional 216 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard Growth ETF were worth $2,369,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VUG. Jennison Associates LLC raised its stake in Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the last quarter. Perennial Investment Advisors LLC raised its position in shares of Vanguard Growth ETF by 5.4% in the second quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock valued at $6,973,000 after buying an additional 962 shares during the last quarter. First City Capital Management Inc. raised its position in shares of Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Growth ETF by 1.4% during the third quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after buying an additional 3,749 shares during the period. Finally, Worth Asset Management LLC boosted its position in Vanguard Growth ETF by 831.2% during the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG stock opened at $405.52 on Tuesday. Vanguard Growth ETF has a one year low of $307.85 and a one year high of $428.69. The stock has a market capitalization of $139.70 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a 50 day moving average price of $412.84 and a two-hundred day moving average price of $389.23.

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.