Fifth Third Bancorp Has $135.28 Million Stock Position in Vanguard Growth ETF $VUG

Fifth Third Bancorp increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 68.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 309,709 shares of the company’s stock after buying an additional 125,703 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Growth ETF were worth $135,278,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $26,000. DecisionPoint Financial LLC lifted its position in shares of Vanguard Growth ETF by 116.0% during the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after purchasing an additional 29 shares during the last quarter. Byrne Asset Management LLC lifted its position in shares of Vanguard Growth ETF by 520.0% during the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Team Financial Group LLC boosted its stake in Vanguard Growth ETF by 366.7% during the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock valued at $34,000 after purchasing an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC acquired a new stake in Vanguard Growth ETF in the 4th quarter valued at approximately $35,000.

Vanguard Growth ETF Trading Up 0.5%

VUG traded up $0.42 during midday trading on Friday, reaching $87.40. The company’s stock had a trading volume of 9,678,977 shares, compared to its average volume of 9,428,997. The company has a fifty day simple moving average of $86.53 and a 200 day simple moving average of $81.32. The stock has a market cap of $226.09 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

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.