Riverview Trust Co Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Riverview Trust Co reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 64.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64 shares of the company’s stock after selling 118 shares during the quarter. Riverview Trust Co’s holdings in Vanguard Growth ETF were worth $26,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Pekin Hardy Strauss Inc. increased its position in shares of Vanguard Growth ETF by 1.2% during the third quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after purchasing an additional 25 shares during the period. Caitlin John LLC grew its holdings in shares of Vanguard Growth ETF by 8.6% during the fourth quarter. Caitlin John LLC now owns 327 shares of the company’s stock worth $134,000 after purchasing an additional 26 shares during the last quarter. Schnieders Capital Management LLC grew its holdings in Vanguard Growth ETF by 2.1% during the 4th quarter. Schnieders Capital Management LLC now owns 1,241 shares of the company’s stock worth $509,000 after acquiring an additional 26 shares during the last quarter. WR Wealth Planners LLC grew its stake in shares of Vanguard Growth ETF by 2.3% during the fourth quarter. WR Wealth Planners LLC now owns 1,165 shares of the company’s stock valued at $478,000 after purchasing an additional 26 shares during the last quarter. Finally, Stockman Wealth Management Inc. boosted its position in Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after buying an additional 27 shares during the last quarter.

Vanguard Growth ETF Trading Up 1.8 %

Shares of NYSEARCA VUG opened at $405.73 on Friday. The firm has a market capitalization of $393.87 billion, a PE ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The firm’s 50-day moving average is $417.45 and its 200-day moving average is $400.54.

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.