Vanguard Growth ETF (NYSEARCA:VUG) is American Investment Services Inc.’s Largest Position

American Investment Services Inc. reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the second quarter, Holdings Channel.com reports. The firm owned 103,033 shares of the company’s stock after selling 1,852 shares during the period. Vanguard Growth ETF accounts for about 6.8% of American Investment Services Inc.’s portfolio, making the stock its largest position. American Investment Services Inc.’s holdings in Vanguard Growth ETF were worth $38,535,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VUG. Vantage Financial Partners LLC increased its stake in shares of Vanguard Growth ETF by 44.2% in the fourth quarter. Vantage Financial Partners LLC now owns 5,261 shares of the company’s stock worth $1,636,000 after buying an additional 1,613 shares during the period. Aveo Capital Partners LLC boosted its position in Vanguard Growth ETF by 1.6% during the 4th quarter. Aveo Capital Partners LLC now owns 22,974 shares of the company’s stock valued at $7,142,000 after buying an additional 368 shares during the period. Certus Wealth Management LLC grew its holdings in Vanguard Growth ETF by 4.7% in the 4th quarter. Certus Wealth Management LLC now owns 10,045 shares of the company’s stock worth $3,123,000 after acquiring an additional 449 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Vanguard Growth ETF by 27.7% in the fourth quarter. Franklin Resources Inc. now owns 88,695 shares of the company’s stock valued at $27,574,000 after acquiring an additional 19,245 shares during the period. Finally, Hilltop Holdings Inc. raised its stake in shares of Vanguard Growth ETF by 13.2% during the fourth quarter. Hilltop Holdings Inc. now owns 27,734 shares of the company’s stock valued at $8,622,000 after acquiring an additional 3,224 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.3 %

Vanguard Growth ETF stock opened at $380.89 on Monday. The firm has a market cap of $131.21 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1-year low of $260.65 and a 1-year high of $392.14. The firm has a 50-day moving average of $368.23 and a 200-day moving average of $358.18.

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.