Riggs Asset Managment Co. Inc. Reduces Stake in Vanguard Growth ETF $VUG

Riggs Asset Managment Co. Inc. lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 30.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,494 shares of the company’s stock after selling 2,374 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in Vanguard Growth ETF were worth $2,635,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VUG. Kilter Group LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at $33,000. Anfield Capital Management LLC raised its holdings in shares of Vanguard Growth ETF by 266.7% during the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after purchasing an additional 56 shares during the last quarter. Friedenthal Financial purchased a new position in shares of Vanguard Growth ETF during the third quarter worth $38,000. Ramirez Asset Management Inc. acquired a new position in Vanguard Growth ETF during the third quarter valued at $38,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in Vanguard Growth ETF during the third quarter valued at $46,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $458.08 on Friday. The firm’s fifty day moving average is $475.68 and its two-hundred day moving average is $478.98. The firm has a market cap of $191.08 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a one year low of $316.14 and a one year high of $505.38.

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.