Sax Wealth Advisors LLC Decreases Stock Holdings in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG)

Sax Wealth Advisors LLC reduced its holdings in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) by 26.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,363 shares of the company’s stock after selling 499 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard S&P 500 Growth ETF were worth $455,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fifth Third Bancorp grew its position in Vanguard S&P 500 Growth ETF by 12.6% in the fourth quarter. Fifth Third Bancorp now owns 366 shares of the company’s stock worth $99,000 after acquiring an additional 41 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Vanguard S&P 500 Growth ETF in the 4th quarter valued at approximately $9,459,000. Stratos Wealth Partners LTD. purchased a new position in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $254,000. Geneos Wealth Management Inc. boosted its holdings in shares of Vanguard S&P 500 Growth ETF by 15.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 578 shares of the company’s stock worth $157,000 after purchasing an additional 78 shares during the period. Finally, Cerity Partners LLC raised its holdings in Vanguard S&P 500 Growth ETF by 155.5% during the 4th quarter. Cerity Partners LLC now owns 5,826 shares of the company’s stock valued at $1,578,000 after buying an additional 3,546 shares during the period.

Vanguard S&P 500 Growth ETF Stock Up 0.7 %

VOOG traded up $2.21 during trading on Friday, reaching $317.51. The company had a trading volume of 108,713 shares, compared to its average volume of 146,394. The business has a 50 day simple moving average of $330.50 and a 200-day simple moving average of $310.43. The stock has a market cap of $10.74 billion, a P/E ratio of 28.04 and a beta of 1.13. Vanguard S&P 500 Growth ETF has a 52 week low of $236.38 and a 52 week high of $350.50.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.