Madison Investment Advisors LLC Makes New $2.83 Million Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Madison Investment Advisors LLC purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,894 shares of the company’s stock, valued at approximately $2,830,000.

Several other large investors also recently bought and sold shares of the stock. Jennison Associates LLC increased its holdings in shares of 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 acquiring an additional 1,779 shares during the last quarter. King Luther Capital Management Corp increased its holdings in shares of Vanguard Growth ETF by 24.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,778 shares of the company’s stock valued at $683,000 after acquiring an additional 355 shares during the last quarter. 49 Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at about $263,000. First County Bank CT increased its holdings in shares of Vanguard Growth ETF by 18.4% in the 3rd quarter. First County Bank CT now owns 19,391 shares of the company’s stock valued at $7,445,000 after acquiring an additional 3,018 shares during the last quarter. Finally, Raymond James Trust N.A. increased its holdings in shares of Vanguard Growth ETF by 12.5% in the 3rd quarter. Raymond James Trust N.A. now owns 31,877 shares of the company’s stock valued at $12,239,000 after acquiring an additional 3,537 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $380.36 on Friday. The company has a market cap of $376.96 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The business’s 50-day simple moving average is $406.98 and its 200-day simple moving average is $401.10.

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.