Balentine LLC Sells 47,794 Shares of Vanguard Growth ETF $VUG

Balentine LLC lowered its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,248,733 shares of the company’s stock after selling 47,794 shares during the quarter. Vanguard Growth ETF accounts for about 4.2% of Balentine LLC’s investment portfolio, making the stock its 8th biggest position. Balentine LLC’s holdings in Vanguard Growth ETF were worth $112,523,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bonfire Financial raised its holdings in Vanguard Growth ETF by 494.4% during the 2nd quarter. Bonfire Financial now owns 102,807 shares of the company’s stock worth $8,856,000 after purchasing an additional 85,512 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $1,635,000. Abound Wealth Management boosted its stake in shares of Vanguard Growth ETF by 602.7% in the 2nd quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock valued at $901,000 after purchasing an additional 8,968 shares during the last quarter. Community Bank N.A. boosted its stake in shares of Vanguard Growth ETF by 493.8% in the 2nd quarter. Community Bank N.A. now owns 7,868 shares of the company’s stock valued at $678,000 after purchasing an additional 6,543 shares during the last quarter. Finally, Calder Financial LLC boosted its stake in shares of Vanguard Growth ETF by 502.0% in the 2nd quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock valued at $4,815,000 after purchasing an additional 46,609 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.9%

VUG opened at $82.17 on Friday. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $93.00. The company has a fifty day moving average of $88.66 and a 200-day moving average of $84.06. The stock has a market cap of $213.49 billion, a PE ratio of 36.22 and a beta of 1.23.

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. 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.