HighTower Advisors LLC Raises Stock Position in Vanguard Growth ETF $VUG

HighTower Advisors LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,596,677 shares of the company’s stock after buying an additional 44,605 shares during the period. Vanguard Growth ETF makes up about 0.9% of HighTower Advisors LLC’s portfolio, making the stock its 12th biggest holding. HighTower Advisors LLC’s holdings in Vanguard Growth ETF were worth $765,942,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Biltmore Family Office LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth about $31,000. Kilter Group LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC lifted its position in Vanguard Growth ETF by 266.7% during the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares in the last quarter. Friedenthal Financial purchased a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $38,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in Vanguard Growth ETF in the third quarter valued at approximately $46,000.

Vanguard Growth ETF Stock Down 0.5%

VUG opened at $457.98 on Friday. The firm’s 50 day moving average is $483.81 and its 200-day moving average is $478.44. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The firm has a market capitalization of $191.04 billion, a P/E ratio of 36.22 and a beta of 1.17.

About Vanguard Growth ETF

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.