First United Bank & Trust Reduces Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

First United Bank & Trust lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,722 shares of the company’s stock after selling 1,712 shares during the period. Vanguard Growth ETF accounts for approximately 3.0% of First United Bank & Trust’s holdings, making the stock its 6th biggest position. First United Bank & Trust’s holdings in Vanguard Growth ETF were worth $8,055,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $243,000. Capital & Planning LLC raised its position in shares of Vanguard Growth ETF by 8.0% in the 4th quarter. Capital & Planning LLC now owns 16,487 shares of the company’s stock worth $6,767,000 after purchasing an additional 1,223 shares during the last quarter. Ironwood Wealth Management LLC. raised its position in Vanguard Growth ETF by 6.1% in the 4th quarter. Ironwood Wealth Management LLC. now owns 1,422 shares of the company’s stock worth $583,000 after buying an additional 82 shares during the last quarter. LaFleur & Godfrey LLC lifted its stake in Vanguard Growth ETF by 5.2% during the 4th quarter. LaFleur & Godfrey LLC now owns 3,733 shares of the company’s stock valued at $1,532,000 after acquiring an additional 183 shares during the period. Finally, Brighton Jones LLC lifted its stake in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after acquiring an additional 870 shares during the period.

Vanguard Growth ETF Stock Performance

VUG opened at $423.29 on Thursday. The stock has a market capitalization of $419.50 billion, a P/E ratio of 36.72 and a beta of 1.18. The company’s 50-day simple moving average is $387.79 and its two-hundred day simple moving average is $400.37. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11.

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.