BankPlus Trust Department Invests $830,000 in Vanguard Growth ETF (NYSEARCA:VUG)

BankPlus Trust Department purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,022 shares of the company’s stock, valued at approximately $830,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after buying an additional 5,471,634 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Vanguard Growth ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after purchasing an additional 257,784 shares during the period. EP Wealth Advisors LLC grew its position in shares of Vanguard Growth ETF by 6.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after buying an additional 194,506 shares during the period. Campbell Wealth Management bought a new stake in Vanguard Growth ETF in the third quarter valued at approximately $72,989,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in Vanguard Growth ETF by 24.9% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 897,478 shares of the company’s stock worth $344,569,000 after buying an additional 178,659 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $416.02 on Monday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The firm’s 50 day moving average price is $418.77 and its two-hundred day moving average price is $399.10. The firm has a market cap of $143.31 billion, a P/E 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.