Diversified Management Inc. Purchases 9,717 Shares of Vanguard Growth ETF $VUG

Diversified Management Inc. boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 423.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,012 shares of the company’s stock after acquiring an additional 9,717 shares during the quarter. Diversified Management Inc.’s holdings in Vanguard Growth ETF were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after acquiring an additional 870 shares during the period. Jump Financial LLC acquired a new stake in shares of Vanguard Growth ETF in the second quarter valued at about $1,859,000. Gamco Investors INC. ET AL bought a new position in shares of Vanguard Growth ETF in the second quarter worth about $320,000. Alliancebernstein L.P. increased its stake in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC lifted its position in shares of Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $88.59 on Wednesday. The stock has a 50-day simple moving average of $86.01 and a 200 day simple moving average of $82.05. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The stock has a market capitalization of $229.17 billion, a PE ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.