Vanguard Growth ETF (NYSEARCA:VUG) is First United Bank & Trust’s 6th Largest Position

First United Bank & Trust lowered its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 21,722 shares of the company’s stock after selling 1,712 shares during the quarter. Vanguard Growth ETF makes up approximately 3.0% of First United Bank & Trust’s investment portfolio, making the stock its 6th largest position. First United Bank & Trust’s holdings in Vanguard Growth ETF were worth $8,055,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Jones Financial Companies Lllp increased its holdings in Vanguard Growth ETF by 23.5% in the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after acquiring an additional 5,429,720 shares in the last quarter. LPL Financial LLC boosted its stake in Vanguard Growth ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock worth $2,104,988,000 after purchasing an additional 142,346 shares during the period. Wells Fargo & Company MN boosted its stake in 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 purchasing an additional 529,565 shares during the period. Ameriprise Financial Inc. boosted its stake in Vanguard Growth ETF by 0.7% in the 4th quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock worth $1,453,526,000 after purchasing an additional 23,605 shares during the period. Finally, EP Wealth Advisors LLC boosted its stake in Vanguard Growth ETF by 1.6% in the 4th quarter. EP Wealth Advisors LLC now owns 3,226,810 shares of the company’s stock worth $1,324,412,000 after purchasing an additional 50,082 shares during the period.

Vanguard Growth ETF Price Performance

VUG stock opened at $423.29 on Thursday. The company has a market capitalization of $419.50 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11. The business has a 50 day simple moving average of $387.79 and a two-hundred day simple moving average of $400.37.

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.