ProVise Management Group LLC Reduces Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

ProVise Management Group LLC cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 11.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,799 shares of the company’s stock after selling 899 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Growth ETF were worth $2,791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VUG. Thrivent Financial for Lutherans increased its holdings in shares of Vanguard Growth ETF by 38.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 91,283 shares of the company’s stock valued at $35,046,000 after acquiring an additional 25,240 shares during the last quarter. EnRich Financial Partners LLC increased its holdings in shares of Vanguard Growth ETF by 0.3% in the 3rd quarter. EnRich Financial Partners LLC now owns 12,534 shares of the company’s stock valued at $4,812,000 after acquiring an additional 43 shares during the last quarter. St. Louis Trust Co increased its holdings in shares of Vanguard Growth ETF by 82.7% in the 3rd quarter. St. Louis Trust Co now owns 18,762 shares of the company’s stock valued at $7,203,000 after acquiring an additional 8,491 shares during the last quarter. Amara Financial LLC. bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $686,000. Finally, Caprock Group LLC increased its holdings in shares of Vanguard Growth ETF by 0.7% in the 3rd quarter. Caprock Group LLC now owns 22,575 shares of the company’s stock valued at $8,667,000 after acquiring an additional 156 shares during the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $373.34 on Wednesday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The firm has a market capitalization of $370.00 billion, a P/E ratio of 35.10 and a beta of 1.14. The business has a 50 day simple moving average of $408.92 and a 200 day simple moving average of $401.38.

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.