Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,556 shares of the company’s stock after selling 65 shares during the period. Summit Financial Strategies Inc.’s holdings in Vanguard Growth ETF were worth $1,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Summit Investment Advisory Services LLC acquired a new stake in shares of Vanguard Growth ETF during the third quarter worth $2,363,000. Perigon Wealth Management LLC grew its holdings in shares of Vanguard Growth ETF by 24.3% during the third quarter. Perigon Wealth Management LLC now owns 58,897 shares of the company’s stock valued at $22,613,000 after buying an additional 11,518 shares in the last quarter. Naviter Wealth LLC grew its holdings in shares of Vanguard Growth ETF by 6.3% during the third quarter. Naviter Wealth LLC now owns 765 shares of the company’s stock valued at $294,000 after buying an additional 45 shares in the last quarter. Ironwood Financial llc grew its holdings in shares of Vanguard Growth ETF by 18.0% during the third quarter. Ironwood Financial llc now owns 1,340 shares of the company’s stock valued at $514,000 after buying an additional 204 shares in the last quarter. Finally, Mezzasalma Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 178.0% during the third quarter. Mezzasalma Advisors LLC now owns 2,613 shares of the company’s stock valued at $1,003,000 after buying an additional 1,673 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.3 %

NYSEARCA VUG traded up $1.10 on Thursday, reaching $390.32. The stock had a trading volume of 277,148 shares, compared to its average volume of 994,878. The business has a 50 day moving average price of $375.31 and a 200 day moving average price of $363.28. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $393.71. The company has a market capitalization of $134.46 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.