GEM Asset Management LLC Sells 32 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

GEM Asset Management LLC trimmed its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,095 shares of the company’s stock after selling 32 shares during the quarter. GEM Asset Management LLC’s holdings in Vanguard Growth ETF were worth $415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VUG. Axiom Advisory LLC grew its position in Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after buying an additional 614,652 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Vanguard Growth ETF by 4.5% in the 2nd quarter. LPL Financial LLC now owns 4,940,097 shares of the company’s stock worth $1,847,646,000 after purchasing an additional 211,575 shares in the last quarter. TIAA Trust National Association boosted its holdings in shares of Vanguard Growth ETF by 1.2% in the 2nd quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock worth $1,339,041,000 after purchasing an additional 40,907 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 2.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock worth $1,115,381,000 after purchasing an additional 70,828 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.1 %

Shares of VUG traded up $0.31 during midday trading on Thursday, reaching $387.99. The stock had a trading volume of 305,262 shares, compared to its average volume of 994,921. The company’s 50-day moving average is $371.26 and its 200 day moving average is $361.72. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14. The company has a market capitalization of $133.66 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.