Pointe Capital Management LLC Has $669,000 Stock Holdings in Vanguard Growth ETF $VUG

Pointe Capital Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,770 shares of the company’s stock after buying an additional 6,475 shares during the period. Pointe Capital Management LLC’s holdings in Vanguard Growth ETF were worth $669,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Integrated Capital Management LLC raised its holdings in Vanguard Growth ETF by 1.9% in the 1st quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after acquiring an additional 21 shares during the period. Waterloo Capital L.P. boosted its holdings in shares of Vanguard Growth ETF by 2.7% during the fourth quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock worth $402,000 after acquiring an additional 22 shares during the period. Kaufman Rossin Wealth LLC boosted its holdings in shares of Vanguard Growth ETF by 3.6% during the first quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock worth $276,000 after acquiring an additional 22 shares during the period. Vermillion Wealth Management Inc. grew its position in shares of Vanguard Growth ETF by 3.1% in the first quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock valued at $334,000 after purchasing an additional 23 shares during the last quarter. Finally, Resolute Wealth Strategies LLC grew its position in shares of Vanguard Growth ETF by 2.7% in the fourth quarter. Resolute Wealth Strategies LLC now owns 921 shares of the company’s stock valued at $449,000 after purchasing an additional 24 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.5%

Shares of NYSEARCA VUG opened at $87.40 on Wednesday. The firm 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 1-year low of $69.63 and a 1-year high of $90.60. The business’s 50 day moving average is $86.36 and its 200-day moving average is $82.60.

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. 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.