Envestnet Portfolio Solutions Inc. Cuts Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 335,022 shares of the company’s stock after selling 17,499 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.10% of Vanguard Growth ETF worth $137,506,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in shares of Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after buying an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC grew its position in 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 in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Growth ETF by 0.9% during the third quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock valued at $1,914,378,000 after purchasing an additional 46,171 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Vanguard Growth ETF by 6.5% during the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after purchasing an additional 194,506 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 0.8% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,685,044 shares of the company’s stock valued at $1,030,869,000 after purchasing an additional 21,547 shares during the period.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock opened at $378.33 on Friday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The company has a market capitalization of $374.94 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The firm’s fifty day moving average price is $410.55 and its 200 day moving average price is $401.14.

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.