Signet Financial Management LLC Reduces Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Signet Financial Management LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 6.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,203 shares of the company’s stock after selling 3,103 shares during the quarter. Vanguard Growth ETF makes up 2.3% of Signet Financial Management LLC’s holdings, making the stock its 4th largest position. Signet Financial Management LLC’s holdings in Vanguard Growth ETF were worth $17,133,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VUG. Accredited Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $26,000. Human Investing LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $28,000. Prudent Man Investment Management Inc. bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $30,000. Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $33,000. Finally, Providence First Trust Co bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $33,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $422.37 on Tuesday. The stock has a market cap of $418.59 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11. The firm’s 50-day moving average is $384.62 and its 200-day moving average is $400.04.

Vanguard Growth ETF Company 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.