JMG Financial Group Ltd. Reduces Position in Vanguard Growth ETF (NYSEARCA:VUG)

JMG Financial Group Ltd. trimmed its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,293 shares of the company’s stock after selling 2,070 shares during the quarter. Vanguard Growth ETF makes up 0.4% of JMG Financial Group Ltd.’s portfolio, making the stock its 27th biggest holding. JMG Financial Group Ltd.’s holdings in Vanguard Growth ETF were worth $9,728,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth about $27,000. Allspring Global Investments Holdings LLC acquired a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $27,000. ARK Investment Management LLC boosted its position in Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 41 shares during the last quarter. Arvest Investments Inc. purchased a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $30,000. Finally, Orion Capital Management LLC acquired a new position in Vanguard Growth ETF in the 3rd quarter valued at $35,000.

Vanguard Growth ETF Stock Up 1.6 %

Shares of VUG stock traded up $5.37 during mid-day trading on Tuesday, hitting $330.98. 834,709 shares of the company’s stock were exchanged, compared to its average volume of 1,058,248. The stock has a market cap of $114.02 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a fifty-two week low of $242.98 and a fifty-two week high of $348.88. The stock has a 50-day simple moving average of $339.04 and a two-hundred day simple moving average of $314.41.

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.