Vanguard Growth ETF (NYSEARCA:VUG) Stake Reduced by Marmo Financial Group LLC

Marmo Financial Group LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 54,080 shares of the company’s stock after selling 575 shares during the period. Vanguard Growth ETF comprises 12.0% of Marmo Financial Group LLC’s holdings, making the stock its 2nd largest position. Marmo Financial Group LLC’s holdings in Vanguard Growth ETF were worth $22,199,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VUG. AQR Capital Management LLC grew its stake in shares of Vanguard Growth ETF by 633.9% in the second quarter. AQR Capital Management LLC now owns 6,847 shares of the company’s stock worth $2,561,000 after purchasing an additional 5,914 shares during the last quarter. Anchor Investment Management LLC lifted its holdings in Vanguard Growth ETF by 15.1% in the 2nd quarter. Anchor Investment Management LLC now owns 4,368 shares of the company’s stock worth $1,634,000 after buying an additional 574 shares during the period. Park National Corp OH grew its position in shares of Vanguard Growth ETF by 2.7% in the 3rd quarter. Park National Corp OH now owns 4,764 shares of the company’s stock worth $1,829,000 after buying an additional 125 shares during the last quarter. Farmers Trust Co. increased its stake in shares of Vanguard Growth ETF by 6.2% during the third quarter. Farmers Trust Co. now owns 2,619 shares of the company’s stock valued at $1,006,000 after buying an additional 153 shares during the period. Finally, Trinity Financial Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 6.5% during the third quarter. Trinity Financial Advisors LLC now owns 5,368 shares of the company’s stock valued at $2,061,000 after acquiring an additional 328 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.4 %

NYSEARCA:VUG opened at $418.35 on Friday. The firm’s fifty day simple moving average is $416.50 and its 200 day simple moving average is $392.20. The stock has a market cap of $144.12 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a twelve month low of $317.59 and a twelve 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.