Bridges Investment Management Inc. Invests $235,000 in Vanguard Growth ETF (NYSEARCA:VUG)

Bridges Investment Management Inc. acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 830 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VUG. Grove Bank & Trust purchased a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter worth $36,000. Column Capital Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $37,000. Tandem Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth approximately $32,000. Finally, Kerntke Otto McGlone Wealth Management Group purchased a new stake in Vanguard Growth ETF in the 4th quarter worth $38,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $283.46 on Friday. The company has a market capitalization of $92.83 billion, a PE ratio of 28.60 and a beta of 1.11. The firm’s 50-day moving average is $285.24 and its 200 day moving average is $265.50. Vanguard Growth ETF has a 12 month low of $203.64 and a 12 month high of $295.07.

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.