Laurel Wealth Advisors LLC Trims Position in Vanguard Growth ETF (NYSEARCA:VUG)

Laurel Wealth Advisors LLC lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 2.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,517 shares of the company’s stock after selling 553 shares during the quarter. Vanguard Growth ETF comprises 1.3% of Laurel Wealth Advisors LLC’s holdings, making the stock its 20th largest position. Laurel Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $7,000,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new position in Vanguard Growth ETF in the 3rd quarter worth about $27,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $27,000. ARK Investment Management LLC raised its holdings in shares of Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares in the last quarter. Arvest Investments Inc. bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $30,000. Finally, Orion Capital Management LLC bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at about $35,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG traded up $5.99 during trading hours on Friday, hitting $335.18. The company’s stock had a trading volume of 1,437,363 shares, compared to its average volume of 1,058,254. Vanguard Growth ETF has a 52 week low of $246.26 and a 52 week high of $348.88. The company has a market capitalization of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The firm’s fifty day moving average price is $338.87 and its 200 day moving average price is $315.02.

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.