Kimelman & Baird LLC Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

Kimelman & Baird LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 261 shares of the company’s stock, valued at approximately $98,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Global Assets Advisory LLC purchased a new stake in Vanguard Growth ETF during the first quarter valued at approximately $38,393,000. Comerica Bank increased its holdings in Vanguard Growth ETF by 11.4% during the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock valued at $44,527,000 after buying an additional 14,695 shares during the last quarter. Waterloo Capital L.P. bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth approximately $292,000. Buckingham Strategic Partners LLC boosted its position in shares of Vanguard Growth ETF by 5.1% in the fourth quarter. Buckingham Strategic Partners LLC now owns 8,463 shares of the company’s stock worth $2,631,000 after purchasing an additional 413 shares during the period. Finally, NBC Securities Inc. boosted its position in shares of Vanguard Growth ETF by 22.3% in the first quarter. NBC Securities Inc. now owns 603 shares of the company’s stock worth $217,000 after purchasing an additional 110 shares during the period.

Vanguard Growth ETF Price Performance

VUG opened at $383.79 on Tuesday. The firm has a market cap of $132.21 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1-year low of $260.65 and a 1-year high of $392.14. The company has a 50 day simple moving average of $368.79 and a two-hundred day simple moving average of $359.96.

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.