Vanguard Growth ETF (NYSEARCA:VUG) Stock Holdings Reduced by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,237 shares of the company’s stock after selling 345 shares during the quarter. Vanguard Growth ETF makes up approximately 0.7% of Institute for Wealth Management LLC.’s holdings, making the stock its 29th biggest position. Institute for Wealth Management LLC.’s holdings in Vanguard Growth ETF were worth $4,115,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VUG. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth about $27,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $27,000. ARK Investment Management LLC lifted its position in shares of Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 41 shares during the last quarter. Arvest Investments Inc. acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $30,000. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter worth about $35,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG traded down $7.35 during trading hours on Friday, hitting $322.55. 1,029,728 shares of the company’s stock were exchanged, compared to its average volume of 1,057,075. Vanguard Growth ETF has a 1-year low of $242.98 and a 1-year high of $348.88. The stock has a market capitalization of $111.12 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The company’s 50-day moving average price is $339.55 and its 200-day moving average price is $312.75.

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.