Laurel Wealth Advisors LLC Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Laurel Wealth Advisors LLC reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,536 shares of the company’s stock after selling 328 shares during the period. Vanguard Growth ETF accounts for about 1.3% of Laurel Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest position. Laurel Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $8,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of VUG. Pekin Hardy Strauss Inc. boosted its holdings in shares of Vanguard Growth ETF by 1.2% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after purchasing an additional 25 shares during the last quarter. IFG Advisors LLC boosted its holdings in Vanguard Growth ETF by 1.3% in the third quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the last quarter. Stockman Wealth Management Inc. grew its position in Vanguard Growth ETF by 2.3% during the third quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after acquiring an additional 27 shares during the period. Rakuten Securities Inc. increased its stake in Vanguard Growth ETF by 8.5% during the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after acquiring an additional 27 shares during the last quarter. Finally, HBW Advisory Services LLC raised its holdings in shares of Vanguard Growth ETF by 0.8% in the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock worth $1,448,000 after purchasing an additional 27 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $403.83 on Wednesday. Vanguard Growth ETF has a 1 year low of $307.85 and a 1 year high of $428.69. The stock has a 50-day simple moving average of $413.12 and a 200-day simple moving average of $389.44. The stock has a market capitalization of $139.12 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.