McAdam LLC Has $1.71 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

McAdam LLC decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.2% during the fourth quarter, HoldingsChannel reports. The firm owned 5,498 shares of the company’s stock after selling 182 shares during the quarter. McAdam LLC’s holdings in Vanguard Growth ETF were worth $1,709,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Financiere des Professionnels Fonds d investissement inc. bought a new position in Vanguard Growth ETF in the 3rd quarter worth $27,000. Allspring Global Investments Holdings LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $27,000. ARK Investment Management LLC lifted its position in shares of Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 41 shares during the last quarter. Arvest Investments Inc. bought a new stake in Vanguard Growth ETF during the 4th quarter valued at approximately $30,000. Finally, Orion Capital Management LLC bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG traded up $0.45 on Monday, hitting $335.63. 241,738 shares of the company were exchanged, compared to its average volume of 1,048,076. The company’s 50 day moving average price is $338.87 and its two-hundred day moving average price is $315.49. Vanguard Growth ETF has a one year low of $246.28 and a one year high of $348.88. The firm has a market capitalization of $115.62 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

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.