Traynor Capital Management Inc. Sells 393 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Traynor Capital Management Inc. cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 18.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,756 shares of the company’s stock after selling 393 shares during the period. Traynor Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $721,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Axiom Advisory LLC raised 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 worth $2,696,912,000 after buying an additional 614,652 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Growth ETF by 0.9% in the 3rd quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock valued at $1,914,378,000 after purchasing an additional 46,171 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Vanguard Growth ETF by 6.5% during the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock valued at $1,219,641,000 after purchasing an additional 194,506 shares in the last quarter. Mill Creek Capital Advisors LLC grew its stake in Vanguard Growth ETF by 0.8% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,685,044 shares of the company’s stock worth $1,030,869,000 after purchasing an additional 21,547 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in Vanguard Growth ETF by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 1,847,310 shares of the company’s stock worth $709,238,000 after purchasing an additional 14,020 shares in the last quarter.

Vanguard Growth ETF Trading Up 1.5 %

Shares of VUG stock opened at $424.50 on Thursday. The company’s fifty day moving average price is $413.98 and its 200-day moving average price is $390.60. The stock has a market cap of $146.24 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12 month low of $317.59 and a 12 month high of $428.69.

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.