SFG Wealth Management LLC. Has $595,000 Stake in Vanguard Growth ETF (NYSEARCA:VUG)

SFG Wealth Management LLC. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 19.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,550 shares of the company’s stock after selling 370 shares during the quarter. SFG Wealth Management LLC.’s holdings in Vanguard Growth ETF were worth $595,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after acquiring an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Vanguard Growth ETF in the second quarter valued at about $270,138,000. Axiom Advisory LLC grew its stake in Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after purchasing an additional 614,652 shares in the last quarter. Cetera Investment Advisers increased its position in Vanguard Growth ETF by 114.2% in the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth about $181,622,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock traded up $0.57 during trading on Friday, hitting $407.03. 207,711 shares of the stock traded hands, compared to its average volume of 1,019,635. The stock has a market cap of $140.22 billion, a P/E ratio of 39.58 and a beta of 1.26. The company has a fifty day moving average price of $381.70 and a two-hundred day moving average price of $368.82. Vanguard Growth ETF has a twelve month low of $282.59 and a twelve month high of $407.56.

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.