Bridges Investment Management Inc. Purchases 4,852 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Bridges Investment Management Inc. grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 577.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,692 shares of the company’s stock after acquiring an additional 4,852 shares during the quarter. Bridges Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $2,129,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Vantage Financial Partners LLC grew its position in Vanguard Growth ETF by 44.2% in the 4th quarter. Vantage Financial Partners LLC now owns 5,261 shares of the company’s stock worth $1,636,000 after purchasing an additional 1,613 shares during the last quarter. Aveo Capital Partners LLC increased its stake in Vanguard Growth ETF by 1.6% during the fourth quarter. Aveo Capital Partners LLC now owns 22,974 shares of the company’s stock valued at $7,142,000 after acquiring an additional 368 shares during the period. Certus Wealth Management LLC raised its holdings in Vanguard Growth ETF by 4.7% in the 4th quarter. Certus Wealth Management LLC now owns 10,045 shares of the company’s stock valued at $3,123,000 after acquiring an additional 449 shares in the last quarter. Franklin Resources Inc. raised its holdings in Vanguard Growth ETF by 27.7% in the 4th quarter. Franklin Resources Inc. now owns 88,695 shares of the company’s stock valued at $27,574,000 after acquiring an additional 19,245 shares in the last quarter. Finally, Commerce Bank lifted its position in shares of Vanguard Growth ETF by 2.2% in the 4th quarter. Commerce Bank now owns 52,631 shares of the company’s stock worth $16,362,000 after acquiring an additional 1,130 shares during the period.

Vanguard Growth ETF Trading Down 0.3 %

VUG opened at $380.89 on Friday. The stock’s 50 day simple moving average is $368.23 and its 200-day simple moving average is $357.89. The stock has a market cap of $131.21 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14.

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.