Valley Wealth Managers Inc. Sells 631 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Valley Wealth Managers Inc. cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 68.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 293 shares of the company’s stock after selling 631 shares during the period. Valley Wealth Managers Inc.’s holdings in Vanguard Growth ETF were worth $120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VUG. Jennison Associates LLC boosted its position in shares of Vanguard Growth ETF by 219.4% in the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after acquiring an additional 1,779 shares during the period. First City Capital Management Inc. boosted its position in shares of Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares during the period. Worth Asset Management LLC boosted its position in shares of Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after acquiring an additional 22,392 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after acquiring an additional 5,471,634 shares during the period. Finally, Howard Wealth Management LLC boosted its position in shares of Vanguard Growth ETF by 4.0% in the fourth quarter. Howard Wealth Management LLC now owns 37,596 shares of the company’s stock valued at $15,431,000 after acquiring an additional 1,430 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $427.50 on Wednesday. The firm has a 50-day moving average of $418.89 and a 200-day moving average of $397.41. The stock has a market cap of $147.27 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

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.