Grimes & Company Inc. Lowers Position in Vanguard Growth ETF (NYSEARCA:VUG)

Grimes & Company Inc. trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 123,486 shares of the company’s stock after selling 2,144 shares during the period. Vanguard Growth ETF makes up approximately 1.5% of Grimes & Company Inc.’s portfolio, making the stock its 15th largest holding. Grimes & Company Inc.’s holdings in Vanguard Growth ETF were worth $50,683,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Lantz Financial LLC grew its position in Vanguard Growth ETF by 0.7% in the 4th quarter. Lantz Financial LLC now owns 3,919 shares of the company’s stock worth $1,608,000 after purchasing an additional 29 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Vanguard Growth ETF by 4.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 35,716 shares of the company’s stock valued at $14,659,000 after acquiring an additional 1,466 shares during the period. Aspiring Ventures LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $288,000. Accel Wealth Management lifted its stake in shares of Vanguard Growth ETF by 10.5% during the 4th quarter. Accel Wealth Management now owns 3,908 shares of the company’s stock valued at $1,604,000 after buying an additional 370 shares in the last quarter. Finally, DGS Capital Management LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $640,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $424.02 on Friday. The firm has a market cap of $146.07 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a fifty-two week low of $317.59 and a fifty-two week high of $428.69. The firm has a fifty day moving average price of $415.22 and a 200 day moving average price of $391.34.

Vanguard Growth ETF 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.