First Republic Investment Management Inc. Raises Stake in Vanguard Growth ETF (VUG)

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First Republic Investment Management Inc. lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 10.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 257,463 shares of the company’s stock after acquiring an additional 24,764 shares during the quarter. First Republic Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $38,571,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VUG. Cornerstone Wealth Management LLC increased its position in shares of Vanguard Growth ETF by 15,286.7% during the second quarter. Cornerstone Wealth Management LLC now owns 8,494,863 shares of the company’s stock worth $56,492,000 after acquiring an additional 8,439,654 shares in the last quarter. Edelman Financial Services LLC increased its position in shares of Vanguard Growth ETF by 51.3% during the first quarter. Edelman Financial Services LLC now owns 18,023,520 shares of the company’s stock worth $2,557,177,000 after acquiring an additional 6,112,803 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Growth ETF by 53.9% during the second quarter. Envestnet Asset Management Inc. now owns 5,793,879 shares of the company’s stock worth $867,977,000 after acquiring an additional 2,029,018 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Growth ETF by 39.1% in the first quarter. LPL Financial LLC now owns 2,771,277 shares of the company’s stock valued at $393,189,000 after purchasing an additional 779,447 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in Vanguard Growth ETF by 6.8% in the second quarter. Jones Financial Companies Lllp now owns 9,430,515 shares of the company’s stock valued at $1,410,810,000 after purchasing an additional 596,900 shares in the last quarter.

Vanguard Growth ETF stock opened at $158.44 on Friday. Vanguard Growth ETF has a 1-year low of $130.61 and a 1-year high of $161.40.

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.

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Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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