Davis Capital Management Has $234,000 Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Davis Capital Management increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUGFree Report) by 648.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 621 shares of the company’s stock after buying an additional 538 shares during the period. Davis Capital Management’s holdings in Vanguard Growth ETF were worth $234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VUG. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Growth ETF during the 4th quarter valued at about $27,000. Keener Financial Planning LLC acquired a new position in Vanguard Growth ETF during the 1st quarter valued at about $29,000. Arvest Investments Inc. bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $30,000. NBT Bank N A NY bought a new stake in shares of Vanguard Growth ETF in the 1st quarter valued at about $30,000. Finally, Livelsberger Financial Advisory bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $33,000.

Vanguard Growth ETF Trading Down 2.1 %

Shares of VUG stock traded down $7.65 on Friday, reaching $353.62. The company had a trading volume of 1,497,812 shares, compared to its average volume of 1,011,667. The stock has a market cap of $121.82 billion, a PE ratio of 39.58 and a beta of 1.26. The company has a 50-day moving average of $370.68 and a 200-day moving average of $349.09. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14.

About Vanguard Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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