Agate Pass Investment Management LLC Acquires 6,450 Shares of Vanguard Growth ETF $VUG

Agate Pass Investment Management LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 49.1% during the third quarter, Holdings Channel reports. The fund owned 19,584 shares of the company’s stock after purchasing an additional 6,450 shares during the period. Vanguard Growth ETF makes up 3.6% of Agate Pass Investment Management LLC’s holdings, making the stock its 6th largest holding. Agate Pass Investment Management LLC’s holdings in Vanguard Growth ETF were worth $9,392,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. Brighton Jones LLC grew its stake in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after buying an additional 870 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Growth ETF by 5.6% during the first quarter. Vanguard Group Inc. now owns 178,670 shares of the company’s stock worth $66,254,000 after acquiring an additional 9,412 shares during the period. Russell Investments Group Ltd. grew its position in shares of Vanguard Growth ETF by 51.1% in the first quarter. Russell Investments Group Ltd. now owns 2,168 shares of the company’s stock valued at $804,000 after purchasing an additional 733 shares during the last quarter. American Century Companies Inc. acquired a new position in shares of Vanguard Growth ETF in the first quarter valued at approximately $3,728,000. Finally, Brooklyn Investment Group increased its stake in shares of Vanguard Growth ETF by 72.2% during the first quarter. Brooklyn Investment Group now owns 322 shares of the company’s stock worth $119,000 after purchasing an additional 135 shares during the period.

Vanguard Growth ETF Trading Down 1.8%

NYSEARCA:VUG opened at $475.56 on Thursday. The stock has a 50 day simple moving average of $486.66 and a 200 day simple moving average of $464.17. The stock has a market cap of $193.04 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38.

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.