Davis R M Inc. Cuts Position in Vanguard Growth ETF (NYSEARCA:VUG)

Davis R M Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,630 shares of the company’s stock after selling 341 shares during the quarter. Davis R M Inc.’s holdings in Vanguard Growth ETF were worth $1,394,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. New Millennium Group LLC purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter worth $34,000. Rosenberg Matthew Hamilton lifted its stake in shares of Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after purchasing an additional 84 shares in the last quarter. SYM FINANCIAL Corp lifted its position in Vanguard Growth ETF by 37.9% during the second quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock valued at $45,000 after buying an additional 33 shares in the last quarter. Finally, Pacific Center for Financial Services lifted its holdings in shares of Vanguard Growth ETF by 202.2% during the 1st quarter. Pacific Center for Financial Services now owns 139 shares of the company’s stock valued at $48,000 after acquiring an additional 93 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.2 %

Shares of NYSEARCA:VUG opened at $404.73 on Tuesday. The company has a 50 day moving average of $391.20 and a two-hundred day moving average of $375.44. Vanguard Growth ETF has a 52-week low of $294.34 and a 52-week high of $410.94. The company has a market capitalization of $139.43 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.