Prestige Wealth Management Group LLC Trims Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Prestige Wealth Management Group LLC reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 21,728 shares of the company’s stock after selling 409 shares during the period. Vanguard Growth ETF makes up 2.8% of Prestige Wealth Management Group LLC’s investment portfolio, making the stock its 12th largest holding. Prestige Wealth Management Group LLC’s holdings in Vanguard Growth ETF were worth $8,918,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 23.5% in the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after buying an additional 5,429,720 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Growth ETF during the 4th quarter worth $970,862,000. Lincoln National Corp purchased a new position in Vanguard Growth ETF during the 4th quarter worth $293,111,000. Finally, Natixis Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 217.1% in the 4th quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock worth $240,103,000 after acquiring an additional 400,516 shares during the period.

Vanguard Growth ETF Stock Up 2.3 %

Shares of Vanguard Growth ETF stock opened at $389.20 on Tuesday. The firm has a market cap of $385.72 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The company’s 50-day simple moving average is $406.65 and its 200-day simple moving average is $401.80.

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.