Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Synovus Financial Corp

Synovus Financial Corp grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 98.9% during the third quarter, Holdings Channel reports. The firm owned 65,265 shares of the company’s stock after acquiring an additional 32,454 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard Growth ETF were worth $25,058,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. New Millennium Group LLC acquired a new position in Vanguard Growth ETF during the 2nd quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Vanguard Growth ETF during the second quarter worth about $34,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton grew its holdings in shares of Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after purchasing an additional 84 shares in the last quarter. Finally, SYM FINANCIAL Corp increased its stake in Vanguard Growth ETF by 37.9% during the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after buying an additional 33 shares during the period.

Vanguard Growth ETF Stock Down 0.6 %

NYSEARCA:VUG opened at $424.33 on Friday. Vanguard Growth ETF has a 52 week low of $300.28 and a 52 week high of $427.45. The company has a fifty day simple moving average of $400.52 and a two-hundred day simple moving average of $381.06. The company has a market cap of $146.18 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.