Washington Trust Advisors Inc. Cuts Position in Vanguard Growth ETF (NYSEARCA:VUG)

Washington Trust Advisors Inc. decreased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 13.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,158 shares of the company’s stock after selling 3,303 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Vanguard Growth ETF were worth $8,507,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Galvin Gaustad & Stein LLC increased its holdings in shares of Vanguard Growth ETF by 11.4% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 2,795 shares of the company’s stock valued at $1,073,000 after acquiring an additional 287 shares during the period. Holistic Planning LLC increased its holdings in shares of Vanguard Growth ETF by 42.5% in the 3rd quarter. Holistic Planning LLC now owns 13,937 shares of the company’s stock valued at $5,351,000 after acquiring an additional 4,157 shares during the period. CWA Asset Management Group LLC purchased a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $1,400,000. Hollencrest Capital Management increased its holdings in shares of Vanguard Growth ETF by 0.6% in the 3rd quarter. Hollencrest Capital Management now owns 20,816 shares of the company’s stock valued at $7,992,000 after acquiring an additional 120 shares during the period. Finally, ABLE Financial Group LLC purchased a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $250,000.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $407.84 on Friday. The business’s 50-day simple moving average is $383.05 and its two-hundred day simple moving average is $369.65. The company has a market cap of $140.50 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a fifty-two week low of $282.59 and a fifty-two week high of $408.73.

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.