N.E.W. Advisory Services LLC Lowers Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

N.E.W. Advisory Services LLC cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,707 shares of the company’s stock after selling 1,330 shares during the period. Vanguard Growth ETF comprises about 1.0% of N.E.W. Advisory Services LLC’s holdings, making the stock its 21st largest holding. N.E.W. Advisory Services LLC’s holdings in Vanguard Growth ETF were worth $8,302,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Morgan Stanley increased its position in shares of Vanguard Growth ETF by 2.9% in the 3rd quarter. Morgan Stanley now owns 12,252,916 shares of the company’s stock valued at $3,336,592,000 after purchasing an additional 350,950 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Growth ETF by 3.5% in the third quarter. LPL Financial LLC now owns 4,482,941 shares of the company’s stock valued at $1,220,750,000 after buying an additional 150,564 shares in the last quarter. TIAA Trust National Association lifted its holdings in Vanguard Growth ETF by 1.3% during the 4th quarter. TIAA Trust National Association now owns 3,417,277 shares of the company’s stock worth $1,062,363,000 after buying an additional 44,928 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Growth ETF by 1.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,019,806 shares of the company’s stock worth $821,196,000 after acquiring an additional 45,572 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 878.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 2,833,826 shares of the company’s stock valued at $771,679,000 after acquiring an additional 2,544,151 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG stock traded up $4.62 during midday trading on Monday, reaching $343.61. 770,590 shares of the company were exchanged, compared to its average volume of 1,043,821. The stock’s 50-day simple moving average is $338.92 and its 200 day simple moving average is $317.88. Vanguard Growth ETF has a 1-year low of $251.44 and a 1-year high of $348.88. The company has a market cap of $118.37 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.