Vanguard Growth ETF (NYSEARCA:VUG) Position Reduced by JMG Financial Group Ltd.

JMG Financial Group Ltd. reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,617 shares of the company’s stock after selling 320 shares during the quarter. Vanguard Growth ETF comprises 0.4% of JMG Financial Group Ltd.’s portfolio, making the stock its 24th largest holding. JMG Financial Group Ltd.’s holdings in Vanguard Growth ETF were worth $12,156,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Human Investing LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $28,000. Cardinal Strategic Wealth Guidance acquired a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Global Trust Asset Management LLC boosted its holdings in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after buying an additional 75 shares in the last quarter. Finally, Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Growth ETF in the third quarter worth approximately $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $425.43 on Friday. The company has a market capitalization of $146.56 billion, a PE ratio of 39.58 and a beta of 1.26. The stock has a fifty day moving average of $418.92 and a 200-day moving average of $397.81. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11.

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.