Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,084 shares of the company’s stock after selling 56 shares during the period. Vanguard Growth ETF comprises about 5.5% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 2nd largest position. Sovereign Financial Group Inc.’s holdings in Vanguard Growth ETF were worth $23,840,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Growth ETF in the third quarter valued at $35,000. Rosenberg Matthew Hamilton grew its holdings in Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after buying an additional 84 shares during the period. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at about $48,000. Transcendent Capital Group LLC increased its stake in shares of Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the last quarter. Finally, Mendota Financial Group LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $62,000.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock 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 firm has a 50 day moving average price of $413.12 and a 200 day moving average price of $389.44. The company has a market cap of $139.12 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.