Vanguard Growth ETF $VUG Shares Purchased by Rinkey Investments

Rinkey Investments increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 548.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 123,408 shares of the company’s stock after purchasing an additional 104,383 shares during the quarter. Vanguard Growth ETF comprises about 2.4% of Rinkey Investments’ investment portfolio, making the stock its 12th biggest holding. Rinkey Investments’ holdings in Vanguard Growth ETF were worth $10,630,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VUG. Jones Financial Companies Lllp grew its holdings in Vanguard Growth ETF by 458.6% in the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 539.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after acquiring an additional 19,678,907 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Growth ETF by 513.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock worth $937,908,000 after acquiring an additional 9,112,231 shares during the period. Valpey Financial Services LLC lifted its holdings in shares of Vanguard Growth ETF by 46,787.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after acquiring an additional 8,151,373 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Vanguard Growth ETF by 14.1% in the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after acquiring an additional 6,771,524 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $88.24 on Tuesday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The firm has a 50 day moving average price of $86.51 and a 200 day moving average price of $82.89. The company has a market cap of $228.26 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.