Nicolet Advisory Services LLC Trims Position in Vanguard Growth ETF (NYSEARCA:VUG)

Nicolet Advisory Services LLC reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 4.4% during the 3rd quarter, Holdings Channel reports. The fund owned 19,855 shares of the company’s stock after selling 906 shares during the period. Vanguard Growth ETF makes up about 0.7% of Nicolet Advisory Services LLC’s holdings, making the stock its 28th largest holding. Nicolet Advisory Services LLC’s holdings in Vanguard Growth ETF were worth $7,530,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VUG. Axiom Advisory LLC lifted its stake in shares of Vanguard Growth ETF by 9.3% in the 3rd 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. Strategic Financial Concepts LLC grew its position in shares of Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after acquiring an additional 5,528,660 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Growth ETF by 0.9% during the 3rd quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock valued at $1,914,378,000 after acquiring an additional 46,171 shares during the period. TIAA Trust National Association increased its stake in shares of Vanguard Growth ETF by 1.2% in the 2nd quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock valued at $1,339,041,000 after purchasing an additional 40,907 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in Vanguard Growth ETF by 2.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,982,222 shares of the company’s stock worth $1,115,381,000 after purchasing an additional 70,828 shares during the period.

Vanguard Growth ETF Trading Up 0.1 %

Shares of VUG stock opened at $404.32 on Friday. Vanguard Growth ETF has a 12-month low of $294.34 and a 12-month high of $410.94. The business’s 50 day moving average is $390.59 and its two-hundred day moving average is $374.56. The company has a market capitalization of $139.28 billion, a P/E 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.