Raymond James & Associates Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Raymond James & Associates reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 935,700 shares of the company’s stock after selling 18,199 shares during the quarter. Raymond James & Associates owned about 0.27% of Vanguard Growth ETF worth $322,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. raised its holdings in shares of Vanguard Growth ETF by 0.6% during the 1st quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock worth $1,832,000 after acquiring an additional 31 shares in the last quarter. Rainey & Randall Investment Management Inc. raised its stake in Vanguard Growth ETF by 3.4% during the first quarter. Rainey & Randall Investment Management Inc. now owns 962 shares of the company’s stock valued at $331,000 after purchasing an additional 32 shares in the last quarter. West Paces Advisors Inc. lifted its position in Vanguard Growth ETF by 8.6% during the first quarter. West Paces Advisors Inc. now owns 416 shares of the company’s stock valued at $143,000 after purchasing an additional 33 shares during the last quarter. High Note Wealth LLC grew its stake in shares of Vanguard Growth ETF by 4.1% in the 4th quarter. High Note Wealth LLC now owns 863 shares of the company’s stock worth $268,000 after buying an additional 34 shares in the last quarter. Finally, Interchange Capital Partners LLC increased its holdings in shares of Vanguard Growth ETF by 1.5% in the 4th quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock worth $744,000 after buying an additional 35 shares during the last quarter.

Vanguard Growth ETF Stock Up 1.8 %

NYSEARCA VUG traded up $5.99 during trading hours on Friday, hitting $335.18. 1,437,363 shares of the company were exchanged, compared to its average volume of 1,058,254. The stock has a market cap of $115.47 billion, a PE ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 52 week low of $246.26 and a 52 week high of $348.88. The stock has a 50-day moving average price of $338.87 and a 200 day moving average price of $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.