Traynor Capital Management Inc. Sells 232 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Traynor Capital Management Inc. lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 12.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,645 shares of the company’s stock after selling 232 shares during the quarter. Traynor Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $566,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth $27,000. ARK Investment Management LLC increased its position in shares of Vanguard Growth ETF by 73.2% in the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 41 shares during the period. Arvest Investments Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at about $30,000. Livelsberger Financial Advisory purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at about $33,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at about $35,000.

Vanguard Growth ETF Trading Down 1.0 %

VUG stock opened at $369.64 on Tuesday. The firm’s 50-day moving average price is $350.26 and its two-hundred day moving average price is $335.46. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $378.16. The stock has a market capitalization of $127.34 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.