Parallel Advisors LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Parallel Advisors LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 199.0% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 27,828 shares of the company’s stock after buying an additional 18,521 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Growth ETF were worth $10,408,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Global Assets Advisory LLC bought a new stake in shares of Vanguard Growth ETF during the 1st quarter valued at $38,393,000. Comerica Bank increased its holdings in Vanguard Growth ETF by 11.4% in the 4th quarter. Comerica Bank now owns 143,229 shares of the company’s stock worth $44,527,000 after acquiring an additional 14,695 shares in the last quarter. Waterloo Capital L.P. purchased a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $292,000. Buckingham Strategic Partners LLC raised its stake in Vanguard Growth ETF by 5.1% during the 4th quarter. Buckingham Strategic Partners LLC now owns 8,463 shares of the company’s stock worth $2,631,000 after acquiring an additional 413 shares during the period. Finally, NBC Securities Inc. lifted its holdings in Vanguard Growth ETF by 22.3% during the first quarter. NBC Securities Inc. now owns 603 shares of the company’s stock valued at $217,000 after purchasing an additional 110 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $375.65 on Friday. The stock has a market cap of $129.41 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The firm has a fifty day moving average price of $369.28 and a 200-day moving average price of $356.62.

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.