Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 99.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 529 shares of the company’s stock after selling 87,574 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $203,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. S.A. Mason LLC grew its stake in Vanguard Growth ETF by 1.4% in the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after acquiring an additional 27 shares during the period. Brave Asset Management Inc. grew its stake in Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after acquiring an additional 27 shares during the period. IFG Advisors LLC grew its stake in Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the period. Stockman Wealth Management Inc. grew its stake in Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after acquiring an additional 27 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in Vanguard Growth ETF by 8.5% during the 3rd quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after purchasing an additional 27 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.2 %

VUG traded down $0.79 on Thursday, hitting $407.83. 266,525 shares of the company’s stock were exchanged, compared to its average volume of 1,018,716. Vanguard Growth ETF has a fifty-two week low of $293.16 and a fifty-two week high of $410.94. The firm has a 50-day moving average price of $385.50 and a 200-day moving average price of $371.53. The stock has a market cap of $140.49 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.