Spinnaker Investment Group LLC Sells 273 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Spinnaker Investment Group LLC cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 5.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,148 shares of the company’s stock after selling 273 shares during the period. Vanguard Growth ETF comprises 0.5% of Spinnaker Investment Group LLC’s portfolio, making the stock its 19th largest holding. Spinnaker Investment Group LLC’s holdings in Vanguard Growth ETF were worth $1,977,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Perennial Investment Advisors LLC lifted its holdings in Vanguard Growth ETF by 5.4% in the 2nd quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock worth $6,973,000 after purchasing an additional 962 shares in the last quarter. Creative Planning raised its position in shares of Vanguard Growth ETF by 1.4% during the third quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after buying an additional 3,749 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Vanguard Growth ETF by 30.8% in the first quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock worth $38,297,000 after buying an additional 26,169 shares in the last quarter. Park National Corp OH boosted its position in shares of Vanguard Growth ETF by 5.1% during the second quarter. Park National Corp OH now owns 4,639 shares of the company’s stock worth $1,735,000 after acquiring an additional 225 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its stake in Vanguard Growth ETF by 17.1% during the second quarter. Apollon Wealth Management LLC now owns 10,753 shares of the company’s stock valued at $4,022,000 after acquiring an additional 1,574 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $397.83 on Friday. The company has a market cap of $137.05 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $293.61 and a 52-week high of $410.94. The firm’s fifty day moving average is $387.18 and its two-hundred day moving average is $372.50.

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.