Salomon & Ludwin LLC Trims Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Salomon & Ludwin LLC lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,077 shares of the company’s stock after selling 2,397 shares during the period. Vanguard Growth ETF accounts for approximately 1.7% of Salomon & Ludwin LLC’s portfolio, making the stock its 18th largest holding. Salomon & Ludwin LLC’s holdings in Vanguard Growth ETF were worth $16,449,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 34,615.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Growth ETF by 0.9% in the third quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock valued at $1,914,378,000 after acquiring an additional 46,171 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Vanguard Growth ETF by 6.5% in the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock valued at $1,219,641,000 after acquiring an additional 194,506 shares during the period. Mill Creek Capital Advisors LLC grew its stake in Vanguard Growth ETF by 0.8% during the third quarter. Mill Creek Capital Advisors LLC now owns 2,685,044 shares of the company’s stock valued at $1,030,869,000 after acquiring an additional 21,547 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Vanguard Growth ETF by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,847,310 shares of the company’s stock worth $709,238,000 after acquiring an additional 14,020 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $427.52 on Friday. The company has a market cap of $147.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $428.69. The firm has a fifty day moving average price of $418.51 and a two-hundred day moving average price of $395.50.

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.