Checchi Capital Advisers LLC Sells 3,421 Shares of Vanguard Growth ETF $VUG

Checchi Capital Advisers LLC reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 25.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,777 shares of the company’s stock after selling 3,421 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Vanguard Growth ETF were worth $4,286,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VUG. Legend Financial Advisors Inc. bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth $31,000. Allianz SE bought a new stake in Vanguard Growth ETF in the 1st quarter worth about $29,000. Smallwood Wealth Investment Management LLC bought a new stake in Vanguard Growth ETF in the 1st quarter worth about $29,000. Costello Asset Management INC bought a new stake in Vanguard Growth ETF in the 1st quarter worth about $31,000. Finally, Hager Investment Management Services LLC bought a new stake in Vanguard Growth ETF in the 1st quarter worth about $31,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of VUG stock opened at $481.44 on Friday. The company has a 50 day moving average price of $464.97 and a 200-day moving average price of $424.29. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $484.77. The firm has a market capitalization of $195.83 billion, a PE ratio of 36.22 and a beta of 1.11.

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.