Checchi Capital Advisers LLC Sells 122,892 Shares of Vanguard Growth ETF $VUG

Checchi Capital Advisers LLC decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 93.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,568 shares of the company’s stock after selling 122,892 shares during the period. Checchi Capital Advisers LLC’s holdings in Vanguard Growth ETF were worth $3,742,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Valpey Financial Services LLC increased its stake in Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after purchasing an additional 8,151,373 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $1,690,059,000. Align Financial LLC bought a new position in Vanguard Growth ETF in the fourth quarter worth approximately $428,175,000. Bank of America Corp DE raised its position in shares of Vanguard Growth ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock worth $23,357,417,000 after acquiring an additional 789,696 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in Vanguard Growth ETF by 508.4% in the first quarter. Chicago Partners Investment Group LLC now owns 904,369 shares of the company’s stock worth $395,019,000 after purchasing an additional 755,720 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.9%

NYSEARCA:VUG opened at $86.96 on Wednesday. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The firm has a 50 day moving average of $86.64 and a 200 day moving average of $81.37. The stock has a market capitalization of $224.95 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.