ARK Investment Management LLC Grows Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

ARK Investment Management LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5,800.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 354 shares of the company’s stock after purchasing an additional 348 shares during the quarter. ARK Investment Management LLC’s holdings in Vanguard Growth ETF were worth $145,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Jennison Associates LLC grew its position in shares of Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. boosted its stake in Vanguard Growth ETF by 30.3% in 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. Empowered Funds LLC bought a new position in Vanguard Growth ETF in the 4th quarter worth approximately $236,000. Worth Asset Management LLC grew its holdings in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after buying an additional 22,392 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Vanguard Growth ETF by 34,615.3% during 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 during the last quarter.

Vanguard Growth ETF Stock Performance

VUG stock opened at $408.87 on Thursday. The company’s fifty day moving average price is $417.98 and its 200-day moving average price is $399.95. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The company has a market capitalization of $396.92 billion, a PE ratio of 37.80 and a beta of 1.12.

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.