Sachetta LLC Trims Stock Position in Vanguard Growth ETF $VUG

Sachetta LLC decreased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 11.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 429 shares of the company’s stock after selling 55 shares during the period. Sachetta LLC’s holdings in Vanguard Growth ETF were worth $188,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Smallwood Wealth Investment Management LLC acquired a new stake in Vanguard Growth ETF during the 1st quarter worth $29,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF during the first quarter worth about $29,000. Hager Investment Management Services LLC acquired a new stake in shares of Vanguard Growth ETF during the first quarter worth about $31,000. Costello Asset Management INC acquired a new stake in shares of Vanguard Growth ETF during the first quarter worth about $31,000. Finally, Legend Financial Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at about $31,000.

Vanguard Growth ETF Stock Up 0.7%

Shares of NYSEARCA VUG opened at $485.01 on Tuesday. The business has a 50-day moving average price of $465.55 and a 200 day moving average price of $425.34. The stock has a market cap of $196.88 billion, a PE ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $486.08.

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.