Montecito Bank & Trust Buys 350 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Montecito Bank & Trust grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 38.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,255 shares of the company’s stock after purchasing an additional 350 shares during the quarter. Montecito Bank & Trust’s holdings in Vanguard Growth ETF were worth $515,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Yeomans Consulting Group Inc. grew its holdings in Vanguard Growth ETF by 2.4% in the fourth quarter. Yeomans Consulting Group Inc. now owns 50,377 shares of the company’s stock worth $20,677,000 after purchasing an additional 1,168 shares during the period. Veracity Capital LLC boosted its position in shares of Vanguard Growth ETF by 22.0% in the 4th quarter. Veracity Capital LLC now owns 699 shares of the company’s stock worth $287,000 after purchasing an additional 126 shares in the last quarter. Verde Capital Management bought a new position in Vanguard Growth ETF during the 4th quarter valued at approximately $360,000. Marks Wealth LLC purchased a new position in Vanguard Growth ETF during the fourth quarter valued at $54,279,000. Finally, IVC Wealth Advisors LLC boosted its holdings in Vanguard Growth ETF by 7.8% in the fourth quarter. IVC Wealth Advisors LLC now owns 50,086 shares of the company’s stock worth $20,557,000 after acquiring an additional 3,619 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.5 %

NYSEARCA VUG opened at $424.02 on Friday. Vanguard Growth ETF has a 12 month low of $317.59 and a 12 month high of $428.69. The stock’s fifty day moving average price is $414.70 and its 200-day moving average price is $391.08. The stock has a market cap of $146.07 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF 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.