Salem Investment Counselors Inc. Grows Position in Vanguard Growth ETF (NYSEARCA:VUG)

Salem Investment Counselors Inc. increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,773 shares of the company’s stock after buying an additional 216 shares during the period. Salem Investment Counselors Inc.’s holdings in Vanguard Growth ETF were worth $2,369,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at $35,000. Rosenberg Matthew Hamilton lifted its stake 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 purchasing an additional 84 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Growth ETF in the third quarter worth about $48,000. Transcendent Capital Group LLC grew its stake in shares of Vanguard Growth ETF by 420.8% in the third quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after buying an additional 101 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Vanguard Growth ETF during the 3rd quarter valued at about $92,000.

Vanguard Growth ETF Stock Down 0.4 %

NYSEARCA VUG opened at $405.52 on Tuesday. Vanguard Growth ETF has a fifty-two week low of $307.85 and a fifty-two week high of $428.69. The business has a 50 day moving average price of $412.84 and a two-hundred day moving average price of $389.23. The stock has a market cap of $139.70 billion, a PE 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.