BTC Capital Management Inc. Lowers Stake in Vanguard Growth ETF (NYSEARCA:VUG)

BTC Capital Management Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.7% in the fourth quarter, Holdings Channel reports. The firm owned 42,558 shares of the company’s stock after selling 279 shares during the period. Vanguard Growth ETF accounts for approximately 1.6% of BTC Capital Management Inc.’s holdings, making the stock its 16th largest position. BTC Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $17,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Hamilton Point Investment Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 21.9% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 545 shares of the company’s stock valued at $224,000 after purchasing an additional 98 shares during the period. Keudell Morrison Wealth Management lifted its stake in Vanguard Growth ETF by 4.5% in the fourth quarter. Keudell Morrison Wealth Management now owns 1,473 shares of the company’s stock worth $605,000 after acquiring an additional 64 shares during the period. Arcadia Wealth Management LLC lifted its stake in Vanguard Growth ETF by 2.6% in the fourth quarter. Arcadia Wealth Management LLC now owns 66,468 shares of the company’s stock worth $27,281,000 after acquiring an additional 1,667 shares during the period. Narus Financial Partners LLC lifted its stake in Vanguard Growth ETF by 12.6% in the fourth quarter. Narus Financial Partners LLC now owns 1,432 shares of the company’s stock worth $588,000 after acquiring an additional 160 shares during the period. Finally, Integris Wealth Management LLC lifted its stake in Vanguard Growth ETF by 51.1% in the fourth quarter. Integris Wealth Management LLC now owns 990 shares of the company’s stock worth $406,000 after acquiring an additional 335 shares during the period.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $419.95 on Friday. Vanguard Growth ETF has a 1-year low of $317.59 and a 1-year high of $428.69. The company has a 50-day moving average of $416.50 and a 200 day moving average of $392.20. The firm has a market cap of $144.67 billion, a PE 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.