Truepoint Inc. Sells 16,680 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Truepoint Inc. trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 431,840 shares of the company’s stock after selling 16,680 shares during the quarter. Vanguard Growth ETF makes up 4.6% of Truepoint Inc.’s holdings, making the stock its 8th largest position. Truepoint Inc. owned about 0.13% of Vanguard Growth ETF worth $161,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Growth ETF by 7.3% during the 4th quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock worth $5,980,965,000 after acquiring an additional 1,301,935 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Pathstone Holdings LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at about $107,753,000. Balentine LLC lifted its stake in shares of Vanguard Growth ETF by 33.7% during the 4th quarter. Balentine LLC now owns 1,220,433 shares of the company’s stock worth $379,408,000 after buying an additional 307,721 shares during the last quarter. Finally, Trust Co of Tennessee bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth about $95,811,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $363.61 on Friday. The firm’s 50-day simple moving average is $370.93 and its 200 day simple moving average is $355.28. The firm has a market cap of $125.26 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52 week low of $260.65 and a 52 week high of $392.14.

Vanguard Growth ETF 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.