Pecaut & CO. Reduces Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Pecaut & CO. cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 4.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,606 shares of the company’s stock after selling 167 shares during the period. Pecaut & CO.’s holdings in Vanguard Growth ETF were worth $1,337,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Accredited Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $26,000. Prudent Man Investment Management Inc. purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $30,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $31,000. Finally, Putney Financial Group LLC acquired a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $37,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $448.08 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $448.87. The firm’s 50 day moving average price is $423.74 and its 200 day moving average price is $403.12. The firm has a market cap of $180.04 billion, a P/E ratio of 36.22 and a beta of 1.11.

Vanguard Growth ETF 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.