American Trust Lowers Stake in Vanguard Growth ETF (NYSEARCA:VUG)

American Trust reduced its position in Vanguard Growth ETF (NYSEARCA:VUG) by 94.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,361 shares of the company’s stock after selling 52,357 shares during the period. American Trust’s holdings in Vanguard Growth ETF were worth $1,290,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VUG. Strategic Financial Concepts LLC raised its stake in 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 valued at $2,072,878,000 after buying an additional 5,528,660 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $270,138,000. Axiom Advisory LLC boosted 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 worth $2,696,912,000 after purchasing an additional 614,652 shares in the last quarter. Retirement Investment Advisors Inc. purchased a new stake in Vanguard Growth ETF during the 2nd quarter worth approximately $181,622,000. Finally, Liberty Wealth Management LLC grew its position in Vanguard Growth ETF by 7,952.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 436,544 shares of the company’s stock worth $163,272,000 after purchasing an additional 431,123 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.6 %

NYSEARCA VUG opened at $424.33 on Friday. Vanguard Growth ETF has a 12-month low of $300.28 and a 12-month high of $427.45. The company has a fifty day simple moving average of $400.52 and a two-hundred day simple moving average of $381.06. The stock has a market cap of $146.18 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.