HighTower Advisors LLC Has $538.03 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

HighTower Advisors LLC reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,401,370 shares of the company’s stock after selling 13,980 shares during the period. Vanguard Growth ETF accounts for about 0.8% of HighTower Advisors LLC’s portfolio, making the stock its 15th largest holding. HighTower Advisors LLC owned about 0.41% of Vanguard Growth ETF worth $538,029,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Jennison Associates LLC increased its position in shares of Vanguard Growth ETF by 219.4% in the third 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. Perennial Investment Advisors LLC raised its stake in shares of Vanguard Growth ETF by 5.4% during the 2nd quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock worth $6,973,000 after purchasing an additional 962 shares in the last quarter. Creative Planning raised its stake in shares of Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares in the last quarter. Vanguard Group Inc. increased its holdings in Vanguard Growth ETF by 30.8% during the first quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock worth $38,297,000 after buying an additional 26,169 shares during the last quarter. Finally, Park National Corp OH raised its position in Vanguard Growth ETF by 5.1% during the second quarter. Park National Corp OH now owns 4,639 shares of the company’s stock worth $1,735,000 after acquiring an additional 225 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $412.87 on Tuesday. The stock has a market cap of $142.23 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a fifty day moving average price of $393.58 and a two-hundred day moving average price of $377.16. Vanguard Growth ETF has a one year low of $294.34 and a one year high of $413.38.

About Vanguard Growth ETF

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.