MidAtlantic Capital Management Inc. Has $8.38 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

MidAtlantic Capital Management Inc. lessened its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,404 shares of the company’s stock after selling 1,796 shares during the period. Vanguard Growth ETF comprises 6.1% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 3rd largest position. MidAtlantic Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $8,375,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Aries Wealth Management lifted its position in shares of Vanguard Growth ETF by 3.3% in the 4th quarter. Aries Wealth Management now owns 37,086 shares of the company’s stock worth $15,222,000 after buying an additional 1,193 shares during the last quarter. Life Planning Partners Inc acquired a new stake in Vanguard Growth ETF during the fourth quarter worth about $49,190,000. Avestar Capital LLC lifted its holdings in Vanguard Growth ETF by 116.5% in the fourth quarter. Avestar Capital LLC now owns 2,384 shares of the company’s stock worth $978,000 after acquiring an additional 1,283 shares during the last quarter. MGB Wealth Management LLC boosted its stake in Vanguard Growth ETF by 2.3% in the fourth quarter. MGB Wealth Management LLC now owns 9,155 shares of the company’s stock valued at $3,775,000 after acquiring an additional 209 shares during the period. Finally, Howard Bailey Securities LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $284,000.

Vanguard Growth ETF Trading Up 1.3 %

Shares of Vanguard Growth ETF stock opened at $426.77 on Friday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $428.69. The stock has a market capitalization of $147.02 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The business’s 50 day simple moving average is $418.38 and its 200-day simple moving average is $395.28.

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.