N.E.W. Advisory Services LLC Sells 274 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

N.E.W. Advisory Services LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,415 shares of the company’s stock after selling 274 shares during the quarter. Vanguard Growth ETF comprises approximately 1.0% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 22nd largest holding. N.E.W. Advisory Services LLC’s holdings in Vanguard Growth ETF were worth $10,431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $28,000. Global Trust Asset Management LLC increased its holdings in Vanguard Growth ETF by 1,071.4% during the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in Vanguard Growth ETF during the 3rd quarter worth approximately $35,000. Rosenberg Matthew Hamilton increased its holdings in Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after purchasing an additional 84 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Vanguard Growth ETF during the 3rd quarter worth approximately $48,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $418.35 on Friday. The firm has a market capitalization of $144.12 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock has a 50 day moving average price of $416.50 and a two-hundred day moving average price of $392.20. Vanguard Growth ETF has a 52 week low of $317.59 and a 52 week high of $428.69.

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.