Gemmer Asset Management LLC Boosts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Gemmer Asset Management LLC increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 0.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,320 shares of the company’s stock after buying an additional 76 shares during the period. Vanguard Growth ETF accounts for about 1.3% of Gemmer Asset Management LLC’s holdings, making the stock its 23rd largest holding. Gemmer Asset Management LLC’s holdings in Vanguard Growth ETF were worth $13,097,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VUG. Accredited Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $26,000. Human Investing LLC bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $28,000. Prudent Man Investment Management Inc. bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $30,000. Cardinal Strategic Wealth Guidance bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $33,000. Finally, Providence First Trust Co purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth $33,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $421.99 on Friday. The firm has a market capitalization of $418.21 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a one year low of $316.14 and a one year high of $429.11. The business has a fifty day moving average price of $383.72 and a 200-day moving average price of $399.96.

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.