Vanguard Growth ETF $VUG Shares Sold by Trek Financial LLC

Trek Financial LLC decreased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 46.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 37,956 shares of the company’s stock after selling 33,151 shares during the quarter. Vanguard Growth ETF comprises approximately 1.1% of Trek Financial LLC’s portfolio, making the stock its 22nd largest position. Trek Financial LLC’s holdings in Vanguard Growth ETF were worth $16,640,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Allianz SE acquired a new position in Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Costello Asset Management INC purchased a new stake in shares of Vanguard Growth ETF during the first quarter valued at approximately $31,000. Legend Financial Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF during the second quarter valued at approximately $31,000. Biltmore Family Office LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth $32,000.

Vanguard Growth ETF Trading Up 0.5%

Shares of VUG stock opened at $491.53 on Wednesday. The firm has a fifty day simple moving average of $484.83 and a 200-day simple moving average of $458.47. The company has a market capitalization of $199.52 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38.

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.