Strategic Financial Partners Ltd. Has $5.59 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Strategic Financial Partners Ltd. lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,624 shares of the company’s stock after selling 210 shares during the period. Vanguard Growth ETF accounts for 2.9% of Strategic Financial Partners Ltd.’s investment portfolio, making the stock its 9th largest position. Strategic Financial Partners Ltd.’s holdings in Vanguard Growth ETF were worth $5,592,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jennison Associates LLC boosted its position in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the period. First City Capital Management Inc. boosted its position in shares of Vanguard Growth ETF by 30.3% in the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after purchasing an additional 276 shares during the period. Principal Financial Group Inc. acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $2,232,000. Empowered Funds LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $236,000. Finally, Argentarii LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $710,000.

Vanguard Growth ETF Stock Up 2.5 %

NYSEARCA:VUG opened at $378.33 on Friday. The stock has a fifty day simple moving average of $410.55 and a 200 day simple moving average of $401.14. The firm has a market capitalization of $374.94 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11.

About Vanguard Growth ETF

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.