Miracle Mile Advisors LLC Lowers Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Miracle Mile Advisors LLC cut its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 30.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,923 shares of the company’s stock after selling 4,836 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Growth ETF were worth $4,483,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. lifted its holdings in Vanguard Growth ETF by 1.2% during the third quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after purchasing an additional 25 shares in the last quarter. IFG Advisors LLC lifted its holdings in Vanguard Growth ETF by 1.3% during the third quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after purchasing an additional 27 shares in the last quarter. Stockman Wealth Management Inc. lifted its holdings in Vanguard Growth ETF by 2.3% during the third quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after purchasing an additional 27 shares in the last quarter. Rakuten Securities Inc. lifted its holdings in Vanguard Growth ETF by 8.5% during the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after purchasing an additional 27 shares in the last quarter. Finally, HBW Advisory Services LLC lifted its holdings in Vanguard Growth ETF by 0.8% during the fourth quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock valued at $1,448,000 after purchasing an additional 27 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.4 %

VUG opened at $405.52 on Tuesday. The company has a market cap of $139.70 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $307.85 and a 52-week high of $428.69. The firm’s fifty day simple moving average is $412.84 and its two-hundred day simple moving average is $389.23.

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.