Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Waterfront Wealth Inc.

Waterfront Wealth Inc. reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,307 shares of the company’s stock after selling 447 shares during the quarter. Waterfront Wealth Inc.’s holdings in Vanguard Growth ETF were worth $947,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC lifted its stake in 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 buying an additional 1,779 shares during the last quarter. First City Capital Management Inc. increased its holdings in shares of Vanguard Growth ETF by 30.3% in the 4th 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 raised its position in Vanguard Growth ETF by 831.2% in the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. Finally, Howard Wealth Management LLC grew its position in Vanguard Growth ETF by 4.0% during the 4th quarter. Howard Wealth Management LLC now owns 37,596 shares of the company’s stock worth $15,431,000 after purchasing an additional 1,430 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $416.02 on Friday. The firm’s fifty day moving average is $418.77 and its two-hundred day moving average is $398.33. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The firm has a market cap of $143.31 billion, a PE ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.