Vanguard Growth ETF (NYSEARCA:VUG) is Motiv8 Investments LLC’s 8th Largest Position

Motiv8 Investments LLC trimmed its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,159 shares of the company’s stock after selling 644 shares during the period. Vanguard Growth ETF accounts for 3.0% of Motiv8 Investments LLC’s holdings, making the stock its 8th biggest position. Motiv8 Investments LLC’s holdings in Vanguard Growth ETF were worth $4,509,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LaFleur & Godfrey LLC lifted its stake in Vanguard Growth ETF by 5.2% in the 4th quarter. LaFleur & Godfrey LLC now owns 3,733 shares of the company’s stock valued at $1,532,000 after buying an additional 183 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of Vanguard Growth ETF by 5.4% during the fourth 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 last quarter. Principal Financial Group Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $2,232,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $689,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Vanguard Growth ETF by 5.1% in the fourth quarter. Bank of New York Mellon Corp now owns 2,064,214 shares of the company’s stock worth $847,236,000 after acquiring an additional 100,865 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $430.27 on Thursday. The stock has a 50 day moving average price of $401.89 and a 200 day moving average price of $401.04. Vanguard Growth ETF has a one year low of $316.14 and a one year high of $432.86. The stock has a market capitalization of $426.42 billion, a price-to-earnings ratio of 36.22 and a beta of 1.18.

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.