Duncan Williams Asset Management LLC Purchases 5,949 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Duncan Williams Asset Management LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 91,421 shares of the company’s stock after buying an additional 5,949 shares during the quarter. Vanguard Growth ETF accounts for approximately 14.8% of Duncan Williams Asset Management LLC’s investment portfolio, making the stock its largest holding. Duncan Williams Asset Management LLC’s holdings in Vanguard Growth ETF were worth $37,523,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VUG. First Bancorp Inc ME lifted its position in Vanguard Growth ETF by 6.5% during the 4th quarter. First Bancorp Inc ME now owns 1,904 shares of the company’s stock worth $781,000 after buying an additional 117 shares in the last quarter. Grange Capital LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $1,699,000. Lantz Financial LLC grew its stake in shares of Vanguard Growth ETF by 0.7% during the fourth quarter. Lantz Financial LLC now owns 3,919 shares of the company’s stock valued at $1,608,000 after purchasing an additional 29 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Vanguard Growth ETF by 4.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 35,716 shares of the company’s stock valued at $14,659,000 after purchasing an additional 1,466 shares in the last quarter. Finally, Aspiring Ventures LLC bought a new position in Vanguard Growth ETF in the 4th quarter worth approximately $288,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $424.02 on Friday. The company has a market cap of $146.07 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock’s fifty day moving average price is $415.22 and its two-hundred day moving average price is $391.34. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69.

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.