Spinnaker Trust Increases Position in Vanguard Growth ETF (NYSEARCA:VUG)

Spinnaker Trust increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 7.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,736 shares of the company’s stock after acquiring an additional 123 shares during the period. Spinnaker Trust’s holdings in Vanguard Growth ETF were worth $713,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the fourth quarter worth $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF in the fourth quarter worth $33,000. Global Trust Asset Management LLC grew its position in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in Vanguard Growth ETF in the third quarter worth $35,000. Finally, Rosenberg Matthew Hamilton boosted its position in Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after buying an additional 84 shares during the period.

Vanguard Growth ETF Stock Up 0.2 %

NYSEARCA VUG opened at $427.52 on Friday. The company has a 50-day simple moving average of $418.59 and a two-hundred day simple moving average of $395.95. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $428.69. The firm has a market cap of $147.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.