Valley Wealth Managers Inc. Sells 625 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Valley Wealth Managers Inc. lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 40.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 924 shares of the company’s stock after selling 625 shares during the period. Valley Wealth Managers Inc.’s holdings in Vanguard Growth ETF were worth $355,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC increased its holdings in Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after buying an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard Growth ETF during the 2nd quarter valued at $270,138,000. Axiom Advisory LLC lifted its holdings in 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 acquiring an additional 614,652 shares during the period. Cetera Investment Advisers increased its position in shares of Vanguard Growth ETF by 114.2% during the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $181,622,000.

Vanguard Growth ETF Trading Down 2.0 %

Shares of NYSEARCA VUG opened at $397.83 on Friday. Vanguard Growth ETF has a 12-month low of $293.61 and a 12-month high of $410.94. The firm has a market capitalization of $137.05 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a 50 day moving average of $387.18 and a 200 day moving average of $372.20.

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.