Financial Gravity Asset Management Inc. Has $570,000 Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Financial Gravity Asset Management Inc. lowered its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 43.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,523 shares of the company’s stock after selling 1,166 shares during the quarter. Financial Gravity Asset Management Inc.’s holdings in Vanguard Growth ETF were worth $570,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. Global Assets Advisory LLC bought a new position in Vanguard Growth ETF in the 1st quarter valued at about $38,393,000. Comerica Bank raised its stake in shares of Vanguard Growth ETF by 11.4% in the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock worth $44,527,000 after purchasing an additional 14,695 shares during the last quarter. Integrity Wealth Solutions LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $8,769,000. Cosner Financial Group LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $776,000. Finally, Waterloo Capital L.P. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $292,000.

Vanguard Growth ETF Trading Down 2.0 %

NYSEARCA VUG opened at $356.23 on Friday. The business has a fifty day simple moving average of $370.58 and a 200 day simple moving average of $355.62. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The firm has a market capitalization of $122.72 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.