Vanguard Growth ETF (NYSEARCA:VUG) Stock Holdings Lowered by Essex Financial Services Inc.

Essex Financial Services Inc. reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,757 shares of the company’s stock after selling 56 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Growth ETF were worth $3,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new position in Vanguard Growth ETF during the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $27,000. ARK Investment Management LLC grew its position in Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares in the last quarter. Arvest Investments Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $30,000. Finally, Orion Capital Management LLC bought a new stake in Vanguard Growth ETF in the third quarter worth approximately $35,000.

Vanguard Growth ETF Stock Up 0.3 %

VUG stock traded up $0.83 during trading hours on Wednesday, hitting $330.65. The company’s stock had a trading volume of 562,583 shares, compared to its average volume of 1,044,570. The company has a market capitalization of $113.91 billion, a PE ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 12 month low of $246.28 and a 12 month high of $348.88. The stock has a 50 day moving average price of $338.92 and a two-hundred day moving average price of $316.24.

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.