Financial Network Wealth Management LLC Has $2.40 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Financial Network Wealth Management LLC trimmed its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,857 shares of the company’s stock after selling 261 shares during the quarter. Vanguard Growth ETF makes up about 0.9% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Financial Network Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,403,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Vanguard Growth ETF by 0.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 8,247 shares of the company’s stock valued at $3,385,000 after buying an additional 70 shares during the last quarter. Absolute Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF by 15.0% during the 4th quarter. Absolute Capital Management LLC now owns 3,985 shares of the company’s stock valued at $1,646,000 after buying an additional 521 shares during the last quarter. Holderness Investments Co. lifted its holdings in shares of Vanguard Growth ETF by 5.0% during the 4th quarter. Holderness Investments Co. now owns 1,791 shares of the company’s stock valued at $735,000 after buying an additional 85 shares during the last quarter. HUB Investment Partners LLC lifted its holdings in shares of Vanguard Growth ETF by 9.3% during the 4th quarter. HUB Investment Partners LLC now owns 1,993 shares of the company’s stock valued at $818,000 after buying an additional 170 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. lifted its holdings in Vanguard Growth ETF by 21.0% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 282 shares of the company’s stock worth $116,000 after purchasing an additional 49 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $378.14 on Friday. The business has a 50 day moving average price of $407.52 and a 200 day moving average price of $401.06. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The firm has a market cap of $374.76 billion, a P/E ratio of 35.10 and a beta of 1.14.

About Vanguard Growth ETF

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.