Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,335,391 shares of the company’s stock after selling 2,704 shares during the quarter. Vanguard Growth ETF makes up 0.7% of Raymond James Financial Services Advisors Inc.’s investment portfolio, making the stock its 25th largest position. Raymond James Financial Services Advisors Inc. owned approximately 0.39% of Vanguard Growth ETF worth $459,642,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Vanguard Growth ETF during the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth $27,000. ARK Investment Management LLC boosted its holdings in shares of Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 41 shares during the last quarter. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $30,000. Finally, Livelsberger Financial Advisory acquired a new position in Vanguard Growth ETF in the fourth quarter valued at $33,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG traded down $6.21 during mid-day trading on Tuesday, reaching $329.82. The company’s stock had a trading volume of 716,432 shares, compared to its average volume of 1,051,132. The stock has a market cap of $113.62 billion, a P/E ratio of 40.31 and a beta of 1.24. The company’s fifty day simple moving average is $338.92 and its two-hundred day simple moving average is $316.24. Vanguard Growth ETF has a twelve month low of $246.28 and a twelve month high of $348.88.

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.