Flagship Wealth Advisors LLC Sells 9,315 Shares of Vanguard Growth ETF $VUG

Flagship Wealth Advisors LLC decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 18.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,044 shares of the company’s stock after selling 9,315 shares during the period. Vanguard Growth ETF makes up about 7.6% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Flagship Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $18,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares during the period. Jump Financial LLC purchased a new position in Vanguard Growth ETF during the 2nd quarter worth approximately $1,859,000. Gamco Investors INC. ET AL acquired a new stake in Vanguard Growth ETF during the 2nd quarter valued at approximately $320,000. Alliancebernstein L.P. lifted its stake in Vanguard Growth ETF by 142.2% during the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after acquiring an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC boosted its holdings in shares of Vanguard Growth ETF by 3.3% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after acquiring an additional 158 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $85.20 on Friday. The company has a market capitalization of $220.40 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm’s fifty day simple moving average is $86.06 and its 200-day simple moving average is $81.65.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.