GEM Asset Management LLC Sells 32 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

GEM Asset Management LLC reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,095 shares of the company’s stock after selling 32 shares during the quarter. GEM Asset Management LLC’s holdings in Vanguard Growth ETF were worth $415,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VUG. Strategic Financial Concepts LLC raised its stake 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 buying an additional 5,528,660 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the second quarter valued at $270,138,000. Axiom Advisory LLC raised its stake in shares of Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after buying an additional 614,652 shares during the period. Cetera Investment Advisers raised its stake in shares of Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after buying an additional 552,439 shares during the period. Finally, Retirement Investment Advisors Inc. bought a new stake in shares of Vanguard Growth ETF in the second quarter valued at $181,622,000.

Vanguard Growth ETF Stock Up 0.1 %

Shares of NYSEARCA:VUG traded up $0.31 during midday trading on Thursday, reaching $387.99. 305,262 shares of the company traded hands, compared to its average volume of 994,921. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The firm has a market capitalization of $133.66 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm’s fifty day moving average price is $371.26 and its two-hundred day moving average price is $361.72.

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.