First PREMIER Bank Grows Position in Vanguard Growth ETF (NYSEARCA:VUG)

First PREMIER Bank raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 15.6% in the fourth quarter, Holdings Channel reports. The fund owned 16,803 shares of the company’s stock after buying an additional 2,263 shares during the period. Vanguard Growth ETF makes up approximately 1.8% of First PREMIER Bank’s portfolio, making the stock its 12th biggest holding. First PREMIER Bank’s holdings in Vanguard Growth ETF were worth $6,897,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth $270,138,000. Axiom Advisory LLC lifted its holdings in Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after buying an additional 614,652 shares during the last quarter. Smith Anglin Financial LLC boosted its position in shares of Vanguard Growth ETF by 49,394.9% during the 3rd quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock worth $138,719,000 after acquiring an additional 360,583 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Vanguard Growth ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock valued at $462,056,000 after acquiring an additional 257,784 shares during the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth about $86,256,000.

Vanguard Growth ETF Stock Up 1.5 %

Shares of VUG opened at $424.50 on Thursday. The company has a market capitalization of $146.24 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69. The stock has a 50 day moving average price of $413.98 and a 200 day moving average price of $390.60.

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.