Moss Adams Wealth Advisors LLC Lowers Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Moss Adams Wealth Advisors LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 43.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 775 shares of the company’s stock after selling 600 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $241,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Brown Advisory Inc. raised its holdings in Vanguard Growth ETF by 0.7% in the third quarter. Brown Advisory Inc. now owns 70,149 shares of the company’s stock worth $19,102,000 after purchasing an additional 459 shares in the last quarter. Ironwood Wealth Management LLC. raised its stake in shares of Vanguard Growth ETF by 28.6% during the 3rd quarter. Ironwood Wealth Management LLC. now owns 1,147 shares of the company’s stock worth $312,000 after acquiring an additional 255 shares in the last quarter. Concord Wealth Partners raised its stake in shares of Vanguard Growth ETF by 54.8% during the 3rd quarter. Concord Wealth Partners now owns 243 shares of the company’s stock worth $66,000 after acquiring an additional 86 shares in the last quarter. BluePath Capital Management LLC purchased a new stake in Vanguard Growth ETF during the third quarter valued at approximately $37,000. Finally, Farmers & Merchants Investments Inc. boosted its stake in Vanguard Growth ETF by 123.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 2,837 shares of the company’s stock valued at $773,000 after acquiring an additional 1,570 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.2 %

Shares of VUG stock traded down $0.59 during trading hours on Wednesday, reaching $342.80. 612,870 shares of the company’s stock were exchanged, compared to its average volume of 1,034,487. Vanguard Growth ETF has a fifty-two week low of $251.48 and a fifty-two week high of $348.88. The stock’s 50 day moving average is $339.01 and its 200-day moving average is $318.40. The company has a market cap of $118.09 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.