Covenant Asset Management LLC Raises Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Covenant Asset Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,706 shares of the company’s stock after buying an additional 121 shares during the period. Covenant Asset Management LLC’s holdings in Vanguard Growth ETF were worth $2,342,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jennison Associates LLC grew its stake in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after buying an additional 1,779 shares in the last quarter. First City Capital Management Inc. boosted its stake in shares of 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 worth $487,000 after purchasing an additional 276 shares during the period. Creative Planning boosted its stake in shares of Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares during the period. Worth Asset Management LLC boosted its stake in shares of Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares during the period. Finally, Strategic Financial Concepts LLC boosted its stake in shares of 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 worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period.

Vanguard Growth ETF Trading Up 0.2 %

VUG stock opened at $427.52 on Friday. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $428.69. The company has a 50-day moving average price of $418.51 and a 200 day moving average price of $395.50. The stock has a market cap of $147.28 billion, a PE ratio of 39.58 and a beta of 1.26.

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.