M1 Capital Management LLC Takes $7.91 Million Position in Vanguard Growth ETF $VUG

M1 Capital Management LLC acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 91,795 shares of the company’s stock, valued at approximately $7,907,000. Vanguard Growth ETF accounts for approximately 2.9% of M1 Capital Management LLC’s investment portfolio, making the stock its 7th largest position.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after purchasing an additional 870 shares during the period. Jump Financial LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter valued at about $1,859,000. Gamco Investors INC. ET AL bought a new stake in shares of Vanguard Growth ETF in the second quarter valued at about $320,000. Alliancebernstein L.P. lifted its stake in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after buying an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after buying an additional 158 shares during the period.

Vanguard Growth ETF Stock Up 0.4%

VUG stock opened at $87.50 on Friday. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The company has a market cap of $226.35 billion, a PE ratio of 36.22 and a beta of 1.22. The business’s 50-day simple moving average is $86.36 and its 200 day simple moving average is $82.46.

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. 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.