Gemmer Asset Management LLC Boosts Holdings in Vanguard Growth ETF $VUG

Gemmer Asset Management LLC lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 515.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,586 shares of the company’s stock after purchasing an additional 203,147 shares during the quarter. Vanguard Growth ETF accounts for approximately 1.4% of Gemmer Asset Management LLC’s holdings, making the stock its 19th biggest position. Gemmer Asset Management LLC’s holdings in Vanguard Growth ETF were worth $20,896,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VUG. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 458.6% during the 2nd 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 in the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Growth ETF by 14.1% in the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after buying an additional 6,771,524 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 539.0% during the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after buying an additional 19,678,907 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Growth ETF by 513.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after buying an additional 9,112,231 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 505.8% during the second 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 Stock Down 0.5%

Shares of VUG opened at $87.68 on Thursday. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The company has a market capitalization of $226.81 billion, a P/E ratio of 36.22 and a beta of 1.22. The firm has a 50 day moving average of $87.03 and a 200 day moving average of $83.44.

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.