Financial Connections Group Inc. Sells 363 Shares of Vanguard Growth ETF $VUG

Financial Connections Group Inc. lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,409 shares of the company’s stock after selling 363 shares during the quarter. Vanguard Growth ETF comprises approximately 6.2% of Financial Connections Group Inc.’s investment portfolio, making the stock its 3rd largest holding. Financial Connections Group Inc.’s holdings in Vanguard Growth ETF were worth $15,084,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VUG. 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. GAMMA Investing LLC increased its holdings in Vanguard Growth ETF by 24.9% in the 1st quarter. GAMMA Investing LLC now owns 3,679 shares of the company’s stock worth $1,364,000 after buying an additional 734 shares during the period. Ferguson Wellman Capital Management Inc. increased its holdings in Vanguard Growth ETF by 11.6% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 4,112 shares of the company’s stock worth $1,525,000 after buying an additional 429 shares during the period. RMR Wealth Builders increased its holdings in Vanguard Growth ETF by 3.9% in the 1st quarter. RMR Wealth Builders now owns 226,662 shares of the company’s stock worth $84,051,000 after buying an additional 8,597 shares during the period. Finally, Founders Grove Wealth Partners LLC increased its holdings in Vanguard Growth ETF by 5.0% in the 1st quarter. Founders Grove Wealth Partners LLC now owns 44,991 shares of the company’s stock worth $16,684,000 after buying an additional 2,126 shares during the period.

Vanguard Growth ETF Trading Down 3.3%

Shares of NYSEARCA:VUG opened at $470.44 on Friday. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $488.51. The company’s 50 day moving average is $467.89 and its 200 day moving average is $427.37. The company has a market cap of $190.96 billion, a PE ratio of 36.22 and a beta of 1.11.

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.