Parkside Financial Bank & Trust Raises Holdings in Vanguard Growth ETF $VUG

Parkside Financial Bank & Trust grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 27.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,047 shares of the company’s stock after purchasing an additional 3,494 shares during the period. Vanguard Growth ETF comprises about 0.8% of Parkside Financial Bank & Trust’s investment portfolio, making the stock its 24th biggest holding. Parkside Financial Bank & Trust’s holdings in Vanguard Growth ETF were worth $7,035,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Jones Financial Companies Lllp lifted its stake in Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of Vanguard Growth ETF by 20,581.9% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 832,862 shares of the company’s stock worth $308,842,000 after acquiring an additional 828,835 shares during the period. Wealthspire Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 101.4% during the first quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock valued at $340,990,000 after purchasing an additional 463,025 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of Vanguard Growth ETF by 73.9% during the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after purchasing an additional 347,412 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Vanguard Growth ETF by 9.3% during the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after purchasing an additional 330,550 shares during the period.

Vanguard Growth ETF Trading Down 0.3%

Shares of VUG stock opened at $484.48 on Friday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38. The stock has a market capitalization of $196.66 billion, a P/E ratio of 36.22 and a beta of 1.17. The firm’s 50 day moving average is $480.04 and its 200 day moving average is $446.05.

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.