Means Investment CO. Inc. Decreases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Means Investment CO. Inc. lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 4.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,711 shares of the company’s stock after selling 75 shares during the period. Means Investment CO. Inc.’s holdings in Vanguard Growth ETF were worth $634,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Accredited Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $26,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $30,000. Providence First Trust Co acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $33,000. Putney Financial Group LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $37,000. Finally, Mpwm Advisory Solutions LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $39,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $419.60 on Friday. The firm has a market capitalization of $415.84 billion, a P/E ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11. The company’s fifty day moving average price is $396.66 and its 200-day moving average price is $400.91.

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.