Good Life Advisors LLC Lowers Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Good Life Advisors LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 9.6% in the fourth quarter, Holdings Channel reports. The firm owned 5,117 shares of the company’s stock after selling 541 shares during the period. Good Life Advisors LLC’s holdings in Vanguard Growth ETF were worth $1,591,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VUG. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $27,000. Hibernia Wealth Partners LLC bought a new position in shares of Vanguard Growth ETF during the 3rd quarter worth about $30,000. ARK Investment Management LLC lifted its holdings in Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares during the last quarter. Orion Capital Management LLC bought a new position in shares of Vanguard Growth ETF in the third quarter worth about $35,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth approximately $37,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG traded down $0.84 on Thursday, hitting $344.20. 674,978 shares of the stock were exchanged, compared to its average volume of 993,434. The business’s fifty day moving average is $333.87 and its 200 day moving average is $305.84. Vanguard Growth ETF has a 52 week low of $241.02 and a 52 week high of $348.88. The company has a market capitalization of $112.72 billion, a PE ratio of 28.60 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.