Sequoia Financial Advisors LLC Has $63.07 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sequoia Financial Advisors LLC trimmed its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 3.2% in the first quarter, HoldingsChannel.com reports. The firm owned 170,093 shares of the company’s stock after selling 5,539 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $63,074,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VUG. Jones Financial Companies Lllp increased its holdings in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after purchasing an additional 5,429,720 shares during the period. Raymond James Financial Inc. acquired a new stake in Vanguard Growth ETF in the fourth quarter valued at $970,862,000. GAMMA Investing LLC increased its holdings in Vanguard Growth ETF by 46,224.2% in the first quarter. GAMMA Investing LLC now owns 1,364,247 shares of the company’s stock valued at $505,890,000 after purchasing an additional 1,361,302 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new stake in Vanguard Growth ETF during the fourth quarter valued at $458,461,000. Finally, Lincoln National Corp bought a new stake in Vanguard Growth ETF during the fourth quarter valued at $293,111,000.

Vanguard Growth ETF Trading Up 0.4%

Shares of VUG opened at $430.27 on Thursday. The stock has a market capitalization of $426.42 billion, a P/E ratio of 36.22 and a beta of 1.18. The firm’s fifty day simple moving average is $401.89 and its two-hundred day simple moving average is $401.04. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $431.60.

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.