Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Founders Financial Alliance LLC

Founders Financial Alliance LLC lowered its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,890 shares of the company’s stock after selling 56 shares during the period. Founders Financial Alliance LLC’s holdings in Vanguard Growth ETF were worth $1,597,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. O Dell Group LLC raised its position in Vanguard Growth ETF by 12.5% during the fourth quarter. O Dell Group LLC now owns 2,245 shares of the company’s stock worth $922,000 after acquiring an additional 249 shares during the last quarter. Morling Financial Advisors LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $406,000. Citizens Financial Group Inc. RI raised its position in Vanguard Growth ETF by 2.7% during the fourth quarter. Citizens Financial Group Inc. RI now owns 31,871 shares of the company’s stock worth $13,081,000 after acquiring an additional 824 shares during the last quarter. Riverbend Wealth Management LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $406,000. Finally, Retirement Capital Strategies acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $1,012,000.

Vanguard Growth ETF Trading Down 4.1 %

Shares of VUG opened at $372.90 on Tuesday. The stock has a market cap of $362.00 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The company has a 50-day moving average of $413.57 and a two-hundred day moving average of $401.39.

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.