Jennison Associates LLC Trims Stock Position in Vanguard Growth ETF $VUG

Jennison Associates LLC lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 57.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,060 shares of the company’s stock after selling 4,184 shares during the period. Jennison Associates LLC’s holdings in Vanguard Growth ETF were worth $1,341,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VUG. Brighton Jones LLC grew its stake in 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 in the last quarter. Calamos Wealth Management LLC grew its stake in Vanguard Growth ETF by 3.3% during the first quarter. Calamos Wealth Management LLC now owns 1,564 shares of the company’s stock valued at $580,000 after acquiring an additional 50 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in Vanguard Growth ETF by 4.5% during the first quarter. Capital Investment Advisory Services LLC now owns 24,475 shares of the company’s stock valued at $9,076,000 after acquiring an additional 1,047 shares in the last quarter. Truist Financial Corp grew its stake in Vanguard Growth ETF by 0.8% during the first quarter. Truist Financial Corp now owns 991,751 shares of the company’s stock valued at $367,761,000 after acquiring an additional 7,648 shares in the last quarter. Finally, Jackson Thornton Wealth Management LLC lifted its position in Vanguard Growth ETF by 25.9% during the first quarter. Jackson Thornton Wealth Management LLC now owns 846 shares of the company’s stock valued at $298,000 after purchasing an additional 174 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $498.85 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm has a market cap of $202.49 billion, a PE ratio of 36.22 and a beta of 1.17. The company has a 50 day simple moving average of $476.87 and a two-hundred day simple moving average of $441.74.

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.