Spinnaker Investment Group LLC Reduces Position in Vanguard Growth ETF (NYSEARCA:VUG)

Spinnaker Investment Group LLC lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,630 shares of the company’s stock after selling 84 shares during the period. Vanguard Growth ETF makes up about 0.5% of Spinnaker Investment Group LLC’s portfolio, making the stock its 19th biggest position. Spinnaker Investment Group LLC’s holdings in Vanguard Growth ETF were worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VUG. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $27,000. ARK Investment Management LLC lifted its stake in shares of Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares during the period. Arvest Investments Inc. acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $30,000. Livelsberger Financial Advisory acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $33,000. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $35,000.

Vanguard Growth ETF Trading Up 0.7 %

NYSEARCA:VUG traded up $2.82 during trading hours on Thursday, reaching $382.77. 616,426 shares of the company were exchanged, compared to its average volume of 1,003,260. The stock’s 50-day moving average is $356.96 and its 200-day moving average is $338.79. The firm has a market cap of $131.86 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $382.98.

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.