MTC Wealth Management LLC Trims Stake in Vanguard Growth ETF (NYSEARCA:VUG)

MTC Wealth Management LLC lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,121 shares of the company’s stock after selling 177 shares during the quarter. Vanguard Growth ETF makes up about 1.2% of MTC Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. MTC Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,512,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $28,000. Cardinal Strategic Wealth Guidance acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $33,000. Global Trust Asset Management LLC grew its stake in shares of Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Growth ETF during the third quarter valued at about $35,000. Finally, Rosenberg Matthew Hamilton grew its stake in shares of Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after acquiring an additional 84 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $427.52 on Friday. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $428.69. The company’s 50-day simple moving average is $418.51 and its 200-day simple moving average is $395.50. The stock has a market capitalization of $147.28 billion, a price-to-earnings 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.