Kensington Asset Management LLC Makes New $95.44 Million Investment in Vanguard Growth ETF $VUG

Kensington Asset Management LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 217,710 shares of the company’s stock, valued at approximately $95,444,000. Vanguard Growth ETF accounts for about 7.2% of Kensington Asset Management LLC’s holdings, making the stock its 6th largest position. Kensington Asset Management LLC owned 0.05% of Vanguard Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its position in shares of Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the period. Wealthspire Advisors LLC lifted its holdings in Vanguard Growth ETF by 101.4% in the first quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock valued at $340,990,000 after buying an additional 463,025 shares during the period. Merit Financial Group LLC boosted its position in Vanguard Growth ETF by 73.9% during the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after acquiring an additional 347,412 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after acquiring an additional 330,550 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Vanguard Growth ETF by 11.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,637,078 shares of the company’s stock valued at $977,881,000 after purchasing an additional 271,661 shares during the period.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $476.59 on Thursday. The stock’s 50 day moving average price is $483.63 and its two-hundred day moving average price is $452.76. The stock has a market capitalization of $193.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38.

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.