Sightline Wealth Advisors LLC Decreases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Sightline Wealth Advisors LLC trimmed its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,338 shares of the company’s stock after selling 450 shares during the quarter. Vanguard Growth ETF makes up approximately 3.8% of Sightline Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Sightline Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $7,116,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF during the third quarter valued at $35,000. Rosenberg Matthew Hamilton grew its position in Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares in the last quarter. Peterson Financial Group Inc. bought a new stake in Vanguard Growth ETF during the third quarter worth approximately $48,000. Transcendent Capital Group LLC raised its position in Vanguard Growth ETF by 420.8% during the third quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the period. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $92,000.

Vanguard Growth ETF Trading Down 0.4 %

Shares of NYSEARCA VUG traded down $1.81 during trading hours on Monday, hitting $405.52. 1,795,336 shares of the company traded hands, compared to its average volume of 1,429,678. The company’s 50 day moving average price is $412.43 and its 200 day moving average price is $389.03. Vanguard Growth ETF has a 12 month low of $307.85 and a 12 month high of $428.69. The stock has a market capitalization of $139.70 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.