HighTower Advisors LLC Sells 13,980 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

HighTower Advisors LLC lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,401,370 shares of the company’s stock after selling 13,980 shares during the quarter. Vanguard Growth ETF comprises about 0.8% of HighTower Advisors LLC’s portfolio, making the stock its 15th largest holding. HighTower Advisors LLC’s holdings in Vanguard Growth ETF were worth $538,029,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of VUG. Pekin Hardy Strauss Inc. boosted its holdings in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after buying an additional 25 shares in the last quarter. Brave Asset Management Inc. increased its stake in shares of Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after acquiring an additional 27 shares in the last quarter. IFG Advisors LLC lifted its position in shares of Vanguard Growth ETF by 1.3% during the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the period. Stockman Wealth Management Inc. boosted its stake in Vanguard Growth ETF by 2.3% during the third quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock worth $455,000 after acquiring an additional 27 shares in the last quarter. Finally, Rakuten Securities Inc. grew its holdings in Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after purchasing an additional 27 shares during the period.

Vanguard Growth ETF Trading Up 0.9 %

VUG opened at $412.87 on Tuesday. The company has a fifty day moving average price of $393.58 and a two-hundred day moving average price of $377.16. Vanguard Growth ETF has a 1-year low of $294.34 and a 1-year high of $413.38. The company has a market cap of $142.23 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.