Envestnet Asset Management Inc. Acquires 49,861,056 Shares of Vanguard Growth ETF $VUG

Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 573.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,557,269 shares of the company’s stock after purchasing an additional 49,861,056 shares during the quarter. Vanguard Growth ETF makes up 0.8% of Envestnet Asset Management Inc.’s holdings, making the stock its 18th biggest position. Envestnet Asset Management Inc. owned about 2.28% of Vanguard Growth ETF worth $5,043,716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. Jones Financial Companies Lllp raised its position in shares of Vanguard Growth ETF by 458.6% in the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after purchasing an additional 179,884,185 shares during the period. EP Wealth Advisors LLC boosted 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 buying an additional 19,678,907 shares during the period. Northwestern Mutual Wealth Management Co. boosted 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 buying an additional 9,112,231 shares during the period. Valpey Financial Services LLC grew its stake in Vanguard Growth ETF by 46,787.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after buying an additional 8,151,373 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in Vanguard Growth ETF by 505.8% in the 2nd quarter. HighTower Advisors LLC now owns 9,627,196 shares of the company’s stock valued at $829,287,000 after buying an additional 8,038,008 shares during the last quarter.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock traded down $0.85 during trading hours on Wednesday, hitting $90.27. The company had a trading volume of 5,866,992 shares, compared to its average volume of 8,451,978. The firm has a market cap of $232.25 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $91.43. The firm has a 50-day moving average of $87.41 and a 200 day moving average of $84.16.

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.