Northwestern Mutual Wealth Management Co. Purchases 9,112,231 Shares of Vanguard Growth ETF $VUG

Northwestern Mutual Wealth Management Co. grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 513.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 10,888,180 shares of the company’s stock after purchasing an additional 9,112,231 shares during the period. Vanguard Growth ETF accounts for about 0.5% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 26th largest holding. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Growth ETF were worth $937,908,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Integrated Capital Management LLC boosted its stake in shares of Vanguard Growth ETF by 1.9% in the first quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after buying an additional 21 shares during the period. Prepared Retirement Institute LLC increased its stake in Vanguard Growth ETF by 0.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock worth $1,824,000 after acquiring an additional 22 shares during the period. Waterloo Capital L.P. raised its holdings in Vanguard Growth ETF by 2.7% in the 4th quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock valued at $402,000 after acquiring an additional 22 shares in the last quarter. Kaufman Rossin Wealth LLC lifted its position in shares of Vanguard Growth ETF by 3.6% during the 1st quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock valued at $276,000 after acquiring an additional 22 shares during the period. Finally, Vermillion Wealth Management Inc. lifted its position in shares of Vanguard Growth ETF by 3.1% during the 1st quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock valued at $334,000 after acquiring an additional 23 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $87.50 on Friday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The company has a market capitalization of $226.35 billion, a PE ratio of 36.22 and a beta of 1.22. The company has a fifty day moving average of $86.36 and a 200-day moving average of $82.46.

About Vanguard Growth ETF

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.