Vanguard Growth ETF $VUG Shares Sold by Synergy Investment Management LLC

Synergy Investment Management LLC lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,620 shares of the company’s stock after selling 1,488 shares during the quarter. Vanguard Growth ETF makes up approximately 7.8% of Synergy Investment Management LLC’s investment portfolio, making the stock its 2nd largest position. Synergy Investment Management LLC’s holdings in Vanguard Growth ETF were worth $20,441,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VUG. Bank of America Corp DE grew its position in shares of Vanguard Growth ETF by 1.8% in the 2nd quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock valued at $21,651,256,000 after buying an additional 851,110 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Vanguard Growth ETF by 0.4% in the third quarter. Jones Financial Companies Lllp now owns 35,215,110 shares of the company’s stock worth $16,777,922,000 after acquiring an additional 156,187 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in Vanguard Growth ETF by 45,810.0% in the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after acquiring an additional 9,165,663 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Growth ETF by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 8,318,538 shares of the company’s stock valued at $3,989,654,000 after purchasing an additional 191,399 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Vanguard Growth ETF by 0.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock valued at $1,705,829,000 after purchasing an additional 16,250 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $462.48 on Thursday. The company’s 50 day moving average price is $481.82 and its 200-day moving average price is $478.61. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The company has a market capitalization of $192.91 billion, a P/E ratio of 36.22 and a beta of 1.17.

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. 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.