Vanguard Growth ETF (NYSEARCA:VUG) Stock Position Reduced by Addison Advisors LLC

Addison Advisors LLC decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,397 shares of the company’s stock after selling 130 shares during the period. Vanguard Growth ETF makes up approximately 4.2% of Addison Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Addison Advisors LLC’s holdings in Vanguard Growth ETF were worth $12,865,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Keener Financial Planning LLC bought a new position in Vanguard Growth ETF during the first quarter valued at $29,000. NBT Bank N A NY purchased a new stake in shares of Vanguard Growth ETF during the 1st quarter valued at about $30,000. New Millennium Group LLC bought a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $31,000. Livelsberger Financial Advisory bought a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $33,000. Finally, CarsonAllaria Wealth Management Ltd. bought a new stake in Vanguard Growth ETF during the second quarter worth approximately $34,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG traded down $4.36 during trading on Friday, hitting $359.25. The company had a trading volume of 269,653 shares, compared to its average volume of 1,011,787. The stock has a market cap of $123.76 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The company has a fifty day simple moving average of $370.93 and a two-hundred day simple moving average of $355.28. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14.

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.