Park Place Capital Corp Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Park Place Capital Corp reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 63.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 603 shares of the company’s stock after selling 1,040 shares during the period. Park Place Capital Corp’s holdings in Vanguard Growth ETF were worth $225,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Truist Financial Corp lifted its holdings in Vanguard Growth ETF by 5.3% during the fourth quarter. Truist Financial Corp now owns 1,133,173 shares of the company’s stock valued at $352,281,000 after purchasing an additional 57,277 shares during the last quarter. Roman Butler Fullerton & Co. lifted its holdings in Vanguard Growth ETF by 6.5% during the fourth quarter. Roman Butler Fullerton & Co. now owns 10,356 shares of the company’s stock valued at $3,343,000 after purchasing an additional 632 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Vanguard Growth ETF in the first quarter worth about $38,393,000. Comerica Bank lifted its holdings in shares of Vanguard Growth ETF by 11.4% in the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock worth $44,527,000 after buying an additional 14,695 shares in the last quarter. Finally, Integrity Wealth Solutions LLC purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter worth about $8,769,000.

Vanguard Growth ETF Trading Down 3.0 %

Shares of Vanguard Growth ETF stock traded down $10.60 on Monday, reaching $343.02. The stock had a trading volume of 1,716,926 shares, compared to its average volume of 1,016,404. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The company has a market cap of $118.17 billion, a P/E ratio of 39.58 and a beta of 1.26. The business’s 50 day moving average is $370.68 and its two-hundred day moving average is $349.09.

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.