Vanguard Growth ETF (NYSEARCA:VUG) Stake Cut by Whitegate Investment Counselors Inc.

Whitegate Investment Counselors Inc. reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 72,764 shares of the company’s stock after selling 38 shares during the period. Vanguard Growth ETF makes up 6.9% of Whitegate Investment Counselors Inc.’s investment portfolio, making the stock its 4th largest holding. Whitegate Investment Counselors Inc.’s holdings in Vanguard Growth ETF were worth $22,621,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $27,000. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Growth ETF during the fourth quarter worth about $27,000. ARK Investment Management LLC boosted its holdings 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 buying an additional 41 shares in the last quarter. Arvest Investments Inc. purchased a new stake in Vanguard Growth ETF during the fourth quarter worth about $30,000. Finally, Orion Capital Management LLC purchased a new stake in Vanguard Growth ETF during the third quarter worth about $35,000.

Vanguard Growth ETF Stock Performance

VUG stock traded up $5.79 during trading on Friday, reaching $338.99. 836,023 shares of the company were exchanged, compared to its average volume of 1,046,997. The company has a market cap of $116.78 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $246.28 and a 52-week high of $348.88. The stock’s 50 day moving average price is $338.80 and its 200 day moving average price is $316.85.

Vanguard Growth ETF 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.