Welch & Forbes LLC Buys Shares of 804 Vanguard Growth ETF (NYSEARCA:VUG)

Welch & Forbes LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 804 shares of the company’s stock, valued at approximately $250,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Growth ETF in the 4th quarter valued at $27,000. ARK Investment Management LLC lifted its position in 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 buying an additional 41 shares during the period. Arvest Investments Inc. acquired a new stake in Vanguard Growth ETF in the 4th quarter worth about $30,000. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Vanguard Growth ETF in the 3rd quarter worth about $27,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at about $35,000.

Vanguard Growth ETF Stock Down 0.2 %

Shares of NYSEARCA VUG traded down $0.80 during trading on Wednesday, hitting $342.59. 310,832 shares of the company traded hands, compared to its average volume of 1,030,267. The firm has a market capitalization of $118.02 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a 50-day moving average price of $339.01 and a 200-day moving average price of $318.40. Vanguard Growth ETF has a 1 year low of $251.48 and a 1 year high of $348.88.

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.