SVB Wealth LLC Has $9.18 Million Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

SVB Wealth LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 134.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 29,530 shares of the company’s stock after buying an additional 16,941 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard Growth ETF were worth $9,180,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Vanguard Growth ETF during the third quarter worth approximately $27,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $27,000. Hibernia Wealth Partners LLC acquired a new position in shares of Vanguard Growth ETF during the third quarter worth approximately $30,000. ARK Investment Management LLC raised its position in shares of Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 41 shares during the period. Finally, Arvest Investments Inc. acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $30,000.

Vanguard Growth ETF Stock Down 0.0 %

Shares of NYSEARCA:VUG opened at $334.82 on Wednesday. Vanguard Growth ETF has a twelve month low of $242.98 and a twelve month high of $348.88. The stock’s 50 day moving average is $339.67 and its 200-day moving average is $312.50. The firm has a market capitalization of $115.34 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

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.