Meeder Advisory Services Inc. Increases Position in Vanguard Growth ETF (NYSEARCA:VUG)

Meeder Advisory Services Inc. grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 24.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 9,108 shares of the company’s stock after acquiring an additional 1,786 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Vanguard Growth ETF were worth $3,378,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Zacks Investment Management raised its holdings in shares of Vanguard Growth ETF by 0.9% in the fourth quarter. Zacks Investment Management now owns 2,812 shares of the company’s stock valued at $1,154,000 after buying an additional 26 shares during the last quarter. Crestwood Advisors Group LLC raised its holdings in Vanguard Growth ETF by 0.5% during the first quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock worth $1,935,000 after purchasing an additional 26 shares in the last quarter. Black Swift Group LLC raised its holdings in Vanguard Growth ETF by 1.2% during the first quarter. Black Swift Group LLC now owns 2,271 shares of the company’s stock worth $842,000 after purchasing an additional 27 shares in the last quarter. Flagstar Advisors Inc. raised its holdings in Vanguard Growth ETF by 2.0% during the first quarter. Flagstar Advisors Inc. now owns 1,452 shares of the company’s stock worth $538,000 after purchasing an additional 28 shares in the last quarter. Finally, Alley Investment Management Company LLC raised its holdings in Vanguard Growth ETF by 1.2% during the first quarter. Alley Investment Management Company LLC now owns 2,398 shares of the company’s stock worth $889,000 after purchasing an additional 29 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.4%

NYSEARCA VUG opened at $455.94 on Tuesday. The stock has a market capitalization of $183.02 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $456.48. The firm has a 50-day moving average price of $429.72 and a 200 day moving average price of $404.86.

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.