Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Motiv8 Investments LLC

Motiv8 Investments LLC lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,496 shares of the company’s stock after selling 126 shares during the period. Vanguard Growth ETF makes up 3.2% of Motiv8 Investments LLC’s portfolio, making the stock its 9th biggest position. Motiv8 Investments LLC’s holdings in Vanguard Growth ETF were worth $4,305,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VUG. Jones Financial Companies Lllp grew its stake in shares of Vanguard Growth ETF by 7.3% during the fourth quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock valued at $5,980,965,000 after purchasing an additional 1,301,935 shares during the last quarter. UBS Group AG grew its stake in shares of Vanguard Growth ETF by 3.7% during the fourth quarter. UBS Group AG now owns 5,520,461 shares of the company’s stock valued at $1,716,201,000 after purchasing an additional 196,363 shares during the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Growth ETF by 1.2% during the second quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock valued at $1,339,041,000 after purchasing an additional 40,907 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Vanguard Growth ETF by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,244,932 shares of the company’s stock valued at $1,008,784,000 after purchasing an additional 134,841 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its stake in shares of Vanguard Growth ETF by 0.6% during the first quarter. EP Wealth Advisors LLC now owns 2,911,394 shares of the company’s stock valued at $1,002,102,000 after purchasing an additional 17,609 shares during the last quarter.

Vanguard Growth ETF Trading Down 2.0 %

Shares of VUG traded down $7.38 during mid-day trading on Friday, hitting $356.23. 1,615,830 shares of the company traded hands, compared to its average volume of 1,019,611. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14. The business has a 50-day moving average of $370.58 and a 200 day moving average of $355.44. The stock has a market capitalization of $122.72 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.