Kayne Anderson Rudnick Investment Management LLC Raises Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Kayne Anderson Rudnick Investment Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 8.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,130 shares of the company’s stock after purchasing an additional 248 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in Vanguard Growth ETF were worth $1,170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of VUG. S.A. Mason LLC increased its position in shares of Vanguard Growth ETF by 1.4% during the second quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after acquiring an additional 27 shares during the last quarter. Brave Asset Management Inc. raised its position in Vanguard Growth ETF by 4.4% in the second quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after purchasing an additional 27 shares during the period. Sunbelt Securities Inc. lifted its stake in Vanguard Growth ETF by 0.6% during the first quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock worth $1,832,000 after purchasing an additional 31 shares in the last quarter. Portside Wealth Group LLC boosted its position in shares of Vanguard Growth ETF by 3.5% during the second quarter. Portside Wealth Group LLC now owns 925 shares of the company’s stock worth $346,000 after buying an additional 31 shares during the period. Finally, Iron Gate Global Advisors LLC grew its stake in shares of Vanguard Growth ETF by 0.7% in the first quarter. Iron Gate Global Advisors LLC now owns 4,666 shares of the company’s stock valued at $1,605,000 after buying an additional 32 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.2 %

VUG opened at $381.84 on Tuesday. The firm has a market cap of $131.54 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock’s 50-day moving average price is $368.12 and its 200 day moving average price is $358.46. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14.

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.