Petix & Botte Co Sells 1,245 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Petix & Botte Co decreased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,852 shares of the company’s stock after selling 1,245 shares during the period. Vanguard Growth ETF makes up 2.5% of Petix & Botte Co’s investment portfolio, making the stock its 11th largest holding. Petix & Botte Co’s holdings in Vanguard Growth ETF were worth $8,658,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new position in Vanguard Growth ETF during the third quarter valued at $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $27,000. ARK Investment Management LLC boosted its stake 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 in the last quarter. Arvest Investments Inc. purchased a new stake in Vanguard Growth ETF in the fourth quarter worth about $30,000. Finally, Orion Capital Management LLC bought a new position in shares of Vanguard Growth ETF during the third quarter valued at approximately $35,000.

Vanguard Growth ETF Stock Up 1.4 %

Shares of VUG stock traded up $4.62 during trading hours on Monday, hitting $343.61. 770,590 shares of the company’s stock traded hands, compared to its average volume of 1,043,821. The stock has a market cap of $118.37 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock’s fifty day simple moving average is $338.92 and its two-hundred day simple moving average is $317.88. Vanguard Growth ETF has a 12-month low of $251.44 and a 12-month high of $348.88.

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.