Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Evanson Asset Management LLC

Evanson Asset Management LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 23.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 6,384 shares of the company’s stock after selling 1,910 shares during the period. Evanson Asset Management LLC’s holdings in Vanguard Growth ETF were worth $2,451,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its position in shares of Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after purchasing an additional 5,528,660 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Vanguard Growth ETF during the 2nd quarter worth approximately $270,138,000. Axiom Advisory LLC increased its stake in Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after buying an additional 614,652 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Vanguard Growth ETF by 114.2% during the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after acquiring an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new position in shares of Vanguard Growth ETF in the second quarter valued at approximately $181,622,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $379.00 on Tuesday. The stock has a 50 day moving average price of $369.99 and a 200 day moving average price of $361.03. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14. The stock has a market capitalization of $130.56 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.