Vanguard Growth ETF (NYSEARCA:VUG) is Gleason Group Inc.’s 5th Largest Position

Gleason Group Inc. lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% during the first quarter, Holdings Channel reports. The fund owned 104,858 shares of the company’s stock after selling 451 shares during the period. Vanguard Growth ETF comprises 7.5% of Gleason Group Inc.’s investment portfolio, making the stock its 5th largest position. Gleason Group Inc.’s holdings in Vanguard Growth ETF were worth $36,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $27,000. ARK Investment Management LLC lifted its stake in Vanguard Growth ETF by 73.2% in the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 41 shares during the last quarter. Arvest Investments Inc. acquired a new position in Vanguard Growth ETF during the 4th quarter worth approximately $30,000. Livelsberger Financial Advisory purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $33,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $35,000.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock traded up $0.98 during trading on Wednesday, hitting $375.83. 375,582 shares of the stock were exchanged, compared to its average volume of 1,005,031. The firm’s 50-day moving average price is $351.06 and its 200 day moving average price is $335.98. The stock has a market cap of $129.47 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $378.16.

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.