Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by SCS Capital Management LLC

SCS Capital Management LLC lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 0.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 32,613 shares of the company’s stock after selling 168 shares during the quarter. SCS Capital Management LLC’s holdings in Vanguard Growth ETF were worth $13,386,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in shares of Vanguard Growth ETF by 23.5% during the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after acquiring an additional 5,429,720 shares during the period. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after purchasing an additional 5,471,634 shares in the last quarter. LPL Financial LLC increased its position in shares of Vanguard Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after purchasing an additional 142,346 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard Growth ETF by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after buying an additional 529,565 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $970,862,000.

Vanguard Growth ETF Stock Up 1.5 %

Shares of VUG stock opened at $376.48 on Friday. The stock has a 50-day simple moving average of $375.55 and a 200 day simple moving average of $398.27. The stock has a market capitalization of $373.11 billion, a P/E ratio of 31.99 and a beta of 1.19. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $429.11.

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.