Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 16.7% during the 3rd quarter, Holdings Channel reports. The firm owned 7,170 shares of the company’s stock after selling 1,440 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Growth ETF were worth $2,753,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VUG. Strategic Financial Concepts LLC grew its stake in Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after acquiring an additional 5,528,660 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Growth ETF during the second quarter worth $270,138,000. Axiom Advisory LLC grew its position in shares of Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after purchasing an additional 614,652 shares during the period. Cetera Investment Advisers increased its stake in Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new position in Vanguard Growth ETF during the second quarter worth about $181,622,000.

Vanguard Growth ETF Trading Up 0.9 %

VUG traded up $3.45 during midday trading on Tuesday, hitting $388.36. The company’s stock had a trading volume of 93,556 shares, compared to its average volume of 1,015,399. Vanguard Growth ETF has a 52-week low of $279.51 and a 52-week high of $397.18. The firm has a 50-day moving average price of $380.89 and a two-hundred day moving average price of $368.12. The firm has a market cap of $133.79 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.