Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Archer Investment Corp

Archer Investment Corp decreased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,270 shares of the company’s stock after selling 71 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Growth ETF were worth $706,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VUG. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $27,000. ARK Investment Management LLC grew its holdings in shares of Vanguard Growth ETF by 73.2% during 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. purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $30,000. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at $27,000. Finally, Hibernia Wealth Partners LLC purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at $30,000.

Vanguard Growth ETF Stock Down 0.9 %

Shares of Vanguard Growth ETF stock traded down $3.06 on Wednesday, hitting $332.02. 605,778 shares of the company traded hands, compared to its average volume of 1,055,604. The company has a 50-day moving average price of $339.67 and a 200 day moving average price of $312.50. Vanguard Growth ETF has a 12-month low of $242.98 and a 12-month high of $348.88. The company has a market cap of $114.38 billion, a PE ratio of 40.31 and a beta of 1.24.

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.