Covenant Asset Management LLC Acquires 121 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Covenant Asset Management LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. 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 SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VUG. Jennison Associates LLC raised its holdings 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 valued at $994,000 after purchasing an additional 1,779 shares during the last quarter. First City Capital Management Inc. raised its holdings in shares of Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after purchasing an additional 276 shares during the last quarter. Creative Planning raised its holdings in shares of Vanguard Growth ETF by 1.4% during the third quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after purchasing an additional 3,749 shares during the last quarter. Worth Asset Management LLC raised its holdings in shares of Vanguard Growth ETF by 831.2% during the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings 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 purchasing an additional 5,471,634 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.2 %

Shares of 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 stock has a market cap of $147.28 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a 50 day simple moving average of $418.51 and a two-hundred day simple moving average of $395.50.

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.