Gemmer Asset Management LLC Has $15.85 Million Stake in Vanguard Growth ETF $VUG

Gemmer Asset Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,150 shares of the company’s stock after purchasing an additional 830 shares during the period. Vanguard Growth ETF comprises 1.4% of Gemmer Asset Management LLC’s portfolio, making the stock its 22nd largest holding. Gemmer Asset Management LLC’s holdings in Vanguard Growth ETF were worth $15,848,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Growth ETF in the first quarter worth approximately $29,000. Allianz SE acquired a new position in Vanguard Growth ETF in the first quarter worth approximately $29,000. Hager Investment Management Services LLC acquired a new position in Vanguard Growth ETF in the first quarter worth approximately $31,000. Costello Asset Management INC acquired a new position in Vanguard Growth ETF in the first quarter worth approximately $31,000. Finally, Legend Financial Advisors Inc. acquired a new position in Vanguard Growth ETF in the second quarter worth approximately $31,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $481.44 on Friday. The stock’s 50 day moving average price is $464.97 and its 200 day moving average price is $424.29. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $484.77. The company has a market capitalization of $195.83 billion, a P/E ratio of 36.22 and a beta of 1.11.

Vanguard Growth ETF 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.