Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,920 shares of the company’s stock after purchasing an additional 11,714 shares during the period. Vanguard Growth ETF accounts for about 1.4% of Pinnacle Financial Partners Inc’s portfolio, making the stock its 14th largest position. Pinnacle Financial Partners Inc’s holdings in Vanguard Growth ETF were worth $67,280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of VUG. Decker Retirement Planning Inc. acquired a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $28,000. Human Investing LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $28,000. Cardinal Strategic Wealth Guidance purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $33,000. Global Trust Asset Management LLC increased its holdings in Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares in the last quarter. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in Vanguard Growth ETF in the 3rd quarter worth $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $416.02 on Friday. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The firm has a market cap of $143.31 billion, a PE ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average of $418.77 and a 200 day moving average of $398.33.

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.