Penserra Capital Management LLC Trims Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Penserra Capital Management LLC trimmed its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 15.9% in the 1st quarter, HoldingsChannel reports. The firm owned 81,538 shares of the company’s stock after selling 15,458 shares during the period. Penserra Capital Management LLC’s holdings in Vanguard Growth ETF were worth $30,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in Vanguard Growth ETF by 46,224.2% in the 1st quarter. GAMMA Investing LLC now owns 1,364,247 shares of the company’s stock worth $505,890,000 after buying an additional 1,361,302 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new position in Vanguard Growth ETF in the 4th quarter worth $458,461,000. Bell Bank bought a new position in Vanguard Growth ETF in the 1st quarter worth $207,815,000. Wells Fargo & Company MN boosted its holdings 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 buying an additional 529,565 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Vanguard Growth ETF by 183.0% in the 4th quarter. Alliancebernstein L.P. now owns 717,652 shares of the company’s stock worth $294,553,000 after buying an additional 464,100 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $441.98 on Friday. The company has a market capitalization of $177.07 billion, a P/E ratio of 36.22 and a beta of 1.11. The company has a fifty day moving average of $413.04 and a 200 day moving average of $401.61. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $442.41.

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.