Busey Bank Decreases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Busey Bank cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,797 shares of the company’s stock after selling 58 shares during the quarter. Busey Bank’s holdings in Vanguard Growth ETF were worth $1,969,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Jennison Associates LLC raised its stake in shares of Vanguard Growth ETF by 219.4% in the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after purchasing an additional 1,779 shares during the last quarter. First City Capital Management Inc. raised its stake 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 worth $487,000 after purchasing an additional 276 shares during the last quarter. Creative Planning raised its stake in shares of Vanguard Growth ETF by 1.4% in the third quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares during the last quarter. Worth Asset Management LLC raised its stake in shares of Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Creekside Partners purchased a new position in shares of Vanguard Growth ETF in the second quarter worth about $365,000.

Vanguard Growth ETF Trading Down 0.7 %

Shares of VUG stock opened at $419.38 on Thursday. Vanguard Growth ETF has a twelve month low of $317.59 and a twelve month high of $428.69. The stock has a market cap of $144.47 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock has a 50 day moving average of $415.86 and a 200 day moving average of $391.82.

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.