Main Street Group LTD Reduces Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Main Street Group LTD cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 56.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 489 shares of the company’s stock after selling 643 shares during the period. Main Street Group LTD’s holdings in Vanguard Growth ETF were worth $184,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VUG. Global Assets Advisory LLC purchased a new position in Vanguard Growth ETF in the 1st quarter worth approximately $38,393,000. Comerica Bank grew its holdings in Vanguard Growth ETF by 11.4% in the 4th quarter. Comerica Bank now owns 143,229 shares of the company’s stock worth $44,527,000 after acquiring an additional 14,695 shares during the last quarter. Integrity Wealth Solutions LLC bought a new position in Vanguard Growth ETF during the 4th quarter valued at approximately $8,769,000. Cosner Financial Group LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $776,000. Finally, Waterloo Capital L.P. purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $292,000.

Vanguard Growth ETF Trading Down 2.0 %

Shares of VUG stock traded down $7.38 during midday trading on Friday, reaching $356.23. 1,615,830 shares of the stock were exchanged, compared to its average volume of 1,019,611. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The firm has a market cap of $122.72 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s 50 day moving average is $370.58 and its two-hundred day moving average is $355.44.

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.