Advanced Asset Management Advisors Inc Sells 35,994 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Advanced Asset Management Advisors Inc cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 96.7% during the 4th quarter, HoldingsChannel reports. The firm owned 1,212 shares of the company’s stock after selling 35,994 shares during the quarter. Advanced Asset Management Advisors Inc’s holdings in Vanguard Growth ETF were worth $377,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financiere des Professionnels Fonds d investissement inc. bought a new position in Vanguard Growth ETF in the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth $27,000. ARK Investment Management LLC lifted its position in 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 acquiring an additional 41 shares in the last quarter. Arvest Investments Inc. acquired a new position in Vanguard Growth ETF in the 4th quarter worth $30,000. Finally, Orion Capital Management LLC acquired a new position in Vanguard Growth ETF in the 3rd quarter worth $35,000.

Vanguard Growth ETF Price Performance

Shares of VUG traded down $2.09 during midday trading on Thursday, hitting $328.98. The stock had a trading volume of 945,890 shares, compared to its average volume of 1,053,518. The firm has a market cap of $113.33 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The company has a 50 day simple moving average of $338.96 and a two-hundred day simple moving average of $314.53. Vanguard Growth ETF has a twelve month low of $243.76 and a twelve 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.