MBM Wealth Consultants LLC Decreases Position in Vanguard Growth ETF (NYSEARCA:VUG)

MBM Wealth Consultants LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 112,814 shares of the company’s stock after selling 503 shares during the quarter. Vanguard Growth ETF accounts for about 13.8% of MBM Wealth Consultants LLC’s holdings, making the stock its biggest holding. MBM Wealth Consultants LLC’s holdings in Vanguard Growth ETF were worth $46,213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF during the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton raised its stake in shares of Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares in the last quarter. Transcendent Capital Group LLC grew its holdings in shares of Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in Vanguard Growth ETF in the 3rd quarter worth $48,000.

Vanguard Growth ETF Stock Up 0.6 %

NYSEARCA VUG opened at $418.41 on Wednesday. The company has a 50-day simple moving average of $413.79 and a two-hundred day simple moving average of $390.38. Vanguard Growth ETF has a 12-month low of $317.59 and a 12-month high of $428.69. The firm has a market cap of $144.14 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.