Spreng Capital Management Inc. Grows Stock Holdings in Vanguard Growth ETF $VUG

Spreng Capital Management Inc. raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 51,878 shares of the company’s stock after buying an additional 640 shares during the quarter. Vanguard Growth ETF comprises about 9.4% of Spreng Capital Management Inc.’s portfolio, making the stock its 3rd largest holding. Spreng Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $22,743,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VUG. Brighton Jones LLC increased its holdings in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after buying an additional 870 shares during the period. GAMMA Investing LLC boosted its stake in shares of Vanguard Growth ETF by 24.9% in the 1st quarter. GAMMA Investing LLC now owns 3,679 shares of the company’s stock valued at $1,364,000 after purchasing an additional 734 shares in the last quarter. CWA Asset Management Group LLC boosted its stake in shares of Vanguard Growth ETF by 2.0% in the 1st quarter. CWA Asset Management Group LLC now owns 4,200 shares of the company’s stock valued at $1,558,000 after purchasing an additional 81 shares in the last quarter. Johnson Investment Counsel Inc. boosted its stake in shares of Vanguard Growth ETF by 8.1% in the 1st quarter. Johnson Investment Counsel Inc. now owns 29,914 shares of the company’s stock valued at $11,093,000 after purchasing an additional 2,235 shares in the last quarter. Finally, ORG Wealth Partners LLC boosted its stake in shares of Vanguard Growth ETF by 58.9% in the 1st quarter. ORG Wealth Partners LLC now owns 553 shares of the company’s stock valued at $207,000 after purchasing an additional 205 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.5%

VUG opened at $478.24 on Friday. The company’s 50 day moving average is $470.18 and its 200-day moving average is $430.89. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $488.51. The company has a market cap of $194.13 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.