Integrated Advisors Network LLC Decreases Position in Vanguard Growth ETF (NYSEARCA:VUG)

Integrated Advisors Network LLC cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,818 shares of the company’s stock after selling 564 shares during the quarter. Integrated Advisors Network LLC’s holdings in Vanguard Growth ETF were worth $2,899,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VUG. Principal Financial Group Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $2,232,000. Empowered Funds LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $236,000. Argentarii LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $710,000. Paces Ferry Wealth Advisors LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $218,000. Finally, O Dell Group LLC lifted its stake in Vanguard Growth ETF by 12.5% in the 4th quarter. O Dell Group LLC now owns 2,245 shares of the company’s stock worth $922,000 after purchasing an additional 249 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $423.29 on Thursday. The company’s 50 day simple moving average is $387.79 and its two-hundred day simple moving average is $400.37. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11. The firm has a market capitalization of $419.50 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18.

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.