Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Wedmont Private Capital

Wedmont Private Capital reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,959 shares of the company’s stock after selling 182 shares during the period. Wedmont Private Capital’s holdings in Vanguard Growth ETF were worth $4,153,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VUG. Strategic Financial Concepts LLC lifted its stake in Vanguard Growth ETF by 40,514.9% during the second 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 during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard Growth ETF in the 2nd quarter worth about $270,138,000. Axiom Advisory LLC lifted its position in shares of Vanguard Growth ETF by 9.3% in the 3rd 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 during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Vanguard Growth ETF by 114.2% in the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after buying an additional 552,439 shares during the period. Finally, Retirement Investment Advisors Inc. bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $181,622,000.

Vanguard Growth ETF Stock Up 0.6 %

Shares of VUG stock opened at $387.68 on Thursday. The company has a market cap of $133.55 billion, a P/E ratio of 39.58 and a beta of 1.26. The business has a 50 day moving average of $370.85 and a two-hundred day moving average of $361.53. Vanguard Growth ETF has a 52 week low of $260.65 and a 52 week high of $392.14.

Vanguard Growth ETF 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.