Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,924 shares of the company’s stock after selling 2,358 shares during the period. Vanguard Growth ETF makes up approximately 2.5% of Schechter Investment Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Schechter Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $32,393,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bravias Capital Group LLC acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $3,893,000. Financial Services Advisory Inc bought a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $5,506,000. Meridian Wealth Management LLC boosted its holdings in shares of Vanguard Growth ETF by 0.8% in the 4th quarter. Meridian Wealth Management LLC now owns 56,043 shares of the company’s stock valued at $22,983,000 after buying an additional 458 shares during the last quarter. Lincoln National Corp bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at $293,111,000. Finally, Silver Coast Investments LLC increased its holdings in Vanguard Growth ETF by 63.9% during the fourth quarter. Silver Coast Investments LLC now owns 3,322 shares of the company’s stock worth $1,363,000 after buying an additional 1,295 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $405.73 on Monday. The stock has a market cap of $393.87 billion, a P/E ratio of 37.80 and a beta of 1.12. The company has a fifty day moving average price of $417.45 and a two-hundred day moving average price of $400.79. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11.

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.