Hanlon Investment Management Inc. Has $21.13 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Hanlon Investment Management Inc. decreased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.3% during the third quarter, HoldingsChannel reports. The firm owned 55,033 shares of the company’s stock after selling 3,058 shares during the quarter. Vanguard Growth ETF accounts for approximately 5.9% of Hanlon Investment Management Inc.’s holdings, making the stock its 2nd biggest position. Hanlon Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $21,129,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. S.A. Mason LLC grew its stake in Vanguard Growth ETF by 1.4% in the second quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock worth $721,000 after purchasing an additional 27 shares during the period. Brave Asset Management Inc. grew its position in shares of Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock worth $241,000 after buying an additional 27 shares during the period. IFG Advisors LLC grew its position in shares of Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock worth $795,000 after buying an additional 27 shares during the period. Eastover Investment Advisors LLC increased its stake in shares of Vanguard Growth ETF by 4.6% in the 3rd quarter. Eastover Investment Advisors LLC now owns 641 shares of the company’s stock worth $246,000 after acquiring an additional 28 shares in the last quarter. Finally, Quad Cities Investment Group LLC boosted its stake in Vanguard Growth ETF by 3.0% during the third quarter. Quad Cities Investment Group LLC now owns 1,035 shares of the company’s stock worth $397,000 after acquiring an additional 30 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $387.27 on Tuesday. The company has a 50 day simple moving average of $380.89 and a two-hundred day simple moving average of $368.12. Vanguard Growth ETF has a fifty-two week low of $279.51 and a fifty-two week high of $397.18. The company has a market capitalization of $133.41 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.