Convergence Financial LLC Decreases Position in Vanguard Growth ETF (NYSEARCA:VUG)

Convergence Financial LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,431 shares of the company’s stock after selling 82 shares during the period. Convergence Financial LLC’s holdings in Vanguard Growth ETF were worth $998,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VUG. Decker Retirement Planning Inc. purchased a new stake in Vanguard Growth ETF during the 4th quarter valued at $28,000. Human Investing LLC purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $28,000. Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Growth ETF in the fourth quarter worth about $33,000. Global Trust Asset Management LLC increased its holdings in Vanguard Growth ETF by 1,071.4% during the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the period. Finally, Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF during the 3rd quarter valued at approximately $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $408.87 on Thursday. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The firm has a market cap of $396.92 billion, a P/E ratio of 37.80 and a beta of 1.12. The business’s 50 day moving average price is $417.98 and its 200-day moving average price is $399.95.

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.