Northwestern Mutual Wealth Management Co. Buys 9,112,231 Shares of Vanguard Growth ETF $VUG

Northwestern Mutual Wealth Management Co. grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 513.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,888,180 shares of the company’s stock after purchasing an additional 9,112,231 shares during the period. Vanguard Growth ETF comprises approximately 0.5% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 26th biggest holding. Northwestern Mutual Wealth Management Co. owned about 0.42% of Vanguard Growth ETF worth $937,908,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after purchasing an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 539.0% during the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after buying an additional 19,678,907 shares in the last quarter. Valpey Financial Services LLC increased its holdings in shares of Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after buying an additional 8,151,373 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock valued at $2,678,790,000 after acquiring an additional 24,146 shares during the last quarter. Finally, Lincoln National Corp boosted its holdings in shares of Vanguard Growth ETF by 466.3% in the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after acquiring an additional 3,352,590 shares in the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $87.50 on Friday. The firm has a market cap of $226.35 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The stock’s 50 day simple moving average is $86.36 and its 200 day simple moving average is $82.46.

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. 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.