Grimes & Company Inc. Has $50.68 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Grimes & Company Inc. cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,486 shares of the company’s stock after selling 2,144 shares during the quarter. Vanguard Growth ETF makes up approximately 1.5% of Grimes & Company Inc.’s portfolio, making the stock its 15th biggest position. Grimes & Company Inc.’s holdings in Vanguard Growth ETF were worth $50,683,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Decker Retirement Planning Inc. bought a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $28,000. Global Trust Asset Management LLC lifted its stake in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in Vanguard Growth ETF in the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton lifted its position in shares of Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth $48,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $424.02 on Friday. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69. The company has a market capitalization of $146.07 billion, a PE ratio of 39.58 and a beta of 1.26. The business’s fifty day moving average is $415.22 and its 200 day moving average is $391.34.

Vanguard Growth ETF 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.