Financial Gravity Asset Management Inc. Decreases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Financial Gravity Asset Management Inc. lowered its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 43.4% during the 2nd quarter, Holdings Channel reports. The firm owned 1,523 shares of the company’s stock after selling 1,166 shares during the period. Financial Gravity Asset Management Inc.’s holdings in Vanguard Growth ETF were worth $570,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of VUG. International Assets Investment Management LLC purchased a new stake in Vanguard Growth ETF during the fourth quarter worth about $2,286,000. Vantage Financial Partners LLC increased its stake in shares of Vanguard Growth ETF by 44.2% during the 4th quarter. Vantage Financial Partners LLC now owns 5,261 shares of the company’s stock worth $1,636,000 after purchasing an additional 1,613 shares during the last quarter. Aveo Capital Partners LLC raised its holdings in shares of Vanguard Growth ETF by 1.6% in the 4th quarter. Aveo Capital Partners LLC now owns 22,974 shares of the company’s stock worth $7,142,000 after purchasing an additional 368 shares during the period. AGF Management Ltd. lifted its stake in Vanguard Growth ETF by 0.4% in the fourth quarter. AGF Management Ltd. now owns 28,936 shares of the company’s stock valued at $8,996,000 after purchasing an additional 124 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in Vanguard Growth ETF by 11.8% in the fourth quarter. NBC Securities Inc. now owns 493 shares of the company’s stock valued at $153,000 after purchasing an additional 52 shares during the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $356.23 on Friday. The company has a market capitalization of $122.72 billion, a P/E ratio of 39.58 and a beta of 1.26. The business has a fifty day simple moving average of $370.58 and a two-hundred day simple moving average of $355.62. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14.

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.