Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by GEM Asset Management LLC

GEM Asset Management LLC reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 12.8% during the fourth quarter, HoldingsChannel reports. The firm owned 955 shares of the company’s stock after selling 140 shares during the quarter. GEM Asset Management LLC’s holdings in Vanguard Growth ETF were worth $392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Jennison Associates LLC raised its position in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. increased its stake in shares of Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after buying an additional 276 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Growth ETF by 1.4% in the third quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after buying an additional 3,749 shares during the last quarter. Worth Asset Management LLC raised its holdings in Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after acquiring an additional 22,392 shares in the last quarter. Finally, 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 acquiring an additional 5,471,634 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $421.93 on Wednesday. The firm has a market cap of $145.35 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average of $418.23 and a two-hundred day moving average of $394.68. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $428.69.

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.