SP Asset Management LLC Has $42.85 Million Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

SP Asset Management LLC lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,408 shares of the company’s stock after selling 105 shares during the quarter. Vanguard Growth ETF accounts for about 3.6% of SP Asset Management LLC’s investment portfolio, making the stock its 5th largest position. SP Asset Management LLC’s holdings in Vanguard Growth ETF were worth $42,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of VUG. Jennison Associates LLC increased its holdings in Vanguard Growth ETF by 219.4% during the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. increased its holdings in Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after purchasing an additional 276 shares in the last quarter. Empowered Funds LLC acquired a new stake in Vanguard Growth ETF during the 4th quarter valued at $236,000. Worth Asset Management LLC increased its holdings in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after purchasing an additional 22,392 shares in the last quarter. Finally, Strategic Financial Concepts LLC increased its holdings in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after purchasing an additional 5,471,634 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $399.24 on Thursday. The business has a fifty day moving average price of $415.76 and a 200 day moving average price of $401.08. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The stock has a market capitalization of $387.57 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12.

About Vanguard Growth ETF

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.