ProVise Management Group LLC Lowers Stake in Vanguard Growth ETF (NYSEARCA:VUG)

ProVise Management Group LLC lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 11.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,882 shares of the company’s stock after selling 1,047 shares during the period. ProVise Management Group LLC’s holdings in Vanguard Growth ETF were worth $2,948,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard Growth ETF by 7.3% in the 4th quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock worth $5,980,965,000 after buying an additional 1,301,935 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Growth ETF by 40,514.9% in the second quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after acquiring an additional 5,528,660 shares in the last quarter. LPL Financial LLC lifted its stake in Vanguard Growth ETF by 4.5% in the second quarter. LPL Financial LLC now owns 4,940,097 shares of the company’s stock worth $1,847,646,000 after acquiring an additional 211,575 shares during the period. TIAA Trust National Association grew its holdings in Vanguard Growth ETF by 1.2% during the 2nd quarter. TIAA Trust National Association now owns 3,580,217 shares of the company’s stock worth $1,339,041,000 after acquiring an additional 40,907 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its position in Vanguard Growth ETF by 0.6% during the 1st quarter. EP Wealth Advisors LLC now owns 2,911,394 shares of the company’s stock valued at $1,002,102,000 after purchasing an additional 17,609 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $382.01 on Friday. The firm has a 50-day simple moving average of $368.32 and a 200-day simple moving average of $357.62. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14. The firm has a market cap of $131.60 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.