Vanguard Growth ETF $VUG Shares Sold by Novem Group

Novem Group trimmed its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 221,596 shares of the company’s stock after selling 6,386 shares during the quarter. Vanguard Growth ETF makes up about 2.0% of Novem Group’s investment portfolio, making the stock its 8th largest holding. Novem Group’s holdings in Vanguard Growth ETF were worth $19,968,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of VUG. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $48,000. Field & Main Bank acquired a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth about $39,000. Evelyn Partners Asset Management Ltd lifted its position in Vanguard Growth ETF by 460.0% in the 1st quarter. Evelyn Partners Asset Management Ltd now owns 140 shares of the company’s stock valued at $61,000 after purchasing an additional 115 shares during the last quarter. Front Row Advisors LLC boosted its stake in Vanguard Growth ETF by 941.2% during the 1st quarter. Front Row Advisors LLC now owns 177 shares of the company’s stock valued at $77,000 after purchasing an additional 160 shares during the period. Finally, Reflection Asset Management acquired a new position in Vanguard Growth ETF during the 4th quarter valued at about $149,000.

Vanguard Growth ETF Trading Up 1.0%

Vanguard Growth ETF stock traded up $0.89 during midday trading on Monday, reaching $88.82. 5,258,255 shares of the stock traded hands, compared to its average volume of 8,190,505. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $93.00. The firm has a market cap of $229.63 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm has a fifty day moving average price of $89.19 and a two-hundred day moving average price of $86.30.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.