Vanguard Growth ETF $VUG Stock Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.5% in the third quarter, HoldingsChannel reports. The firm owned 1,328,437 shares of the company’s stock after selling 48,042 shares during the period. Vanguard Growth ETF accounts for about 0.8% of Sumitomo Mitsui DS Asset Management Company Ltd’s holdings, making the stock its 22nd biggest holding. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Growth ETF were worth $119,705,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bonfire Financial raised its position in Vanguard Growth ETF by 494.4% during the second quarter. Bonfire Financial now owns 102,807 shares of the company’s stock valued at $8,856,000 after acquiring an additional 85,512 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in Vanguard Growth ETF in the second quarter valued at approximately $1,635,000. Abound Wealth Management boosted its position in Vanguard Growth ETF by 602.7% in the 2nd quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock worth $901,000 after purchasing an additional 8,968 shares in the last quarter. Community Bank N.A. boosted its position in Vanguard Growth ETF by 493.8% in the 2nd quarter. Community Bank N.A. now owns 7,868 shares of the company’s stock worth $678,000 after purchasing an additional 6,543 shares in the last quarter. Finally, Calder Financial LLC boosted its position in Vanguard Growth ETF by 502.0% in the 2nd quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock worth $4,815,000 after purchasing an additional 46,609 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $88.82 on Tuesday. The stock has a market capitalization of $229.63 billion, a price-to-earnings 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 $93.00. The firm’s 50 day simple moving average is $89.19 and its 200-day simple moving average is $86.30.

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.