NI Acquisitions Company LLC Makes New $47.54 Million Investment in Vanguard Growth ETF $VUG

NI Acquisitions Company LLC acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, according to its most recent filing with the SEC. The firm acquired 551,896 shares of the company’s stock, valued at approximately $47,540,000. Vanguard Growth ETF comprises approximately 17.7% of NI Acquisitions Company LLC’s holdings, making the stock its largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Clark Wealth Partners increased its position in Vanguard Growth ETF by 500.0% in the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 255 shares during the period. Turning Point Benefit Group Inc. acquired a new position in Vanguard Growth ETF during the 3rd quarter valued at about $26,000. Kentucky Trust Co lifted its position in Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after purchasing an additional 280 shares during the period. Byrne Asset Management LLC boosted its stake in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares during the last quarter. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $35,000.

Vanguard Growth ETF Price Performance

VUG opened at $88.45 on Friday. The company has a market cap of $228.81 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm has a 50 day simple moving average of $86.88 and a 200 day simple moving average of $83.16. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60.

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.