Vanguard Growth ETF $VUG is Financial Advisors Network Inc.’s 6th Largest Position

Financial Advisors Network Inc. cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,662 shares of the company’s stock after selling 5,851 shares during the period. Vanguard Growth ETF comprises approximately 3.9% of Financial Advisors Network Inc.’s investment portfolio, making the stock its 6th biggest holding. Financial Advisors Network Inc.’s holdings in Vanguard Growth ETF were worth $23,236,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth about $26,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at about $29,000. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Growth ETF in the 1st quarter worth about $29,000. Costello Asset Management INC purchased a new position in Vanguard Growth ETF during the first quarter worth approximately $31,000. Finally, Hager Investment Management Services LLC purchased a new position in Vanguard Growth ETF during the first quarter worth approximately $31,000.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock opened at $462.05 on Monday. The stock has a market capitalization of $184.89 billion, a PE ratio of 36.22 and a beta of 1.11. The business has a 50 day simple moving average of $441.86 and a 200-day simple moving average of $408.78. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $465.63.

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.