Icon Wealth Advisors LLC Cuts Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Icon Wealth Advisors LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 78.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 920 shares of the company’s stock after selling 3,328 shares during the period. Icon Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $374,000 at the end of the most recent quarter.

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

Vanguard Growth ETF Price Performance

VUG opened at $404.03 on Friday. The firm has a market capitalization of $139.18 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The company’s 50 day simple moving average is $390.59 and its two-hundred day simple moving average is $374.78. Vanguard Growth ETF has a 1-year low of $294.34 and a 1-year high of $410.94.

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.