Sowell Financial Services LLC Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sowell Financial Services LLC lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 12.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 31,844 shares of the company’s stock after selling 4,598 shares during the period. Sowell Financial Services LLC’s holdings in Vanguard Growth ETF were worth $11,808,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VUG. Jones Financial Companies Lllp raised its holdings 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 in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Growth ETF by 2.9% during the fourth quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after acquiring an additional 142,346 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Growth ETF by 15.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock valued at $1,639,116,000 after acquiring an additional 529,565 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Growth ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock valued at $1,453,526,000 after acquiring an additional 23,605 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 1.6% during the fourth quarter. EP Wealth Advisors LLC now owns 3,226,810 shares of the company’s stock valued at $1,324,412,000 after acquiring an additional 50,082 shares in the last quarter.

Vanguard Growth ETF Stock Down 1.4%

Shares of Vanguard Growth ETF stock opened at $418.33 on Monday. The business has a 50 day moving average of $391.36 and a 200 day moving average of $400.50. The company has a market cap of $414.59 billion, a PE ratio of 36.72 and a beta of 1.18. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $429.11.

Vanguard Growth ETF Company 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.