Milestone Investment Advisors LLC Sells 478 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Milestone Investment Advisors LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 47,117 shares of the company’s stock after selling 478 shares during the period. Vanguard Growth ETF accounts for approximately 5.1% of Milestone Investment Advisors LLC’s holdings, making the stock its 5th biggest holding. Milestone Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $18,090,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VUG. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after purchasing an additional 5,528,660 shares during the period. Sanctuary Advisors LLC purchased a new stake in Vanguard Growth ETF during the second quarter worth approximately $270,138,000. Axiom Advisory LLC increased its position in shares of Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after acquiring an additional 614,652 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Vanguard Growth ETF by 114.2% in the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after acquiring an additional 552,439 shares during the period. Finally, Retirement Investment Advisors Inc. acquired a new stake in shares of Vanguard Growth ETF in the second quarter valued at about $181,622,000.

Vanguard Growth ETF Stock Up 1.4 %

VUG opened at $390.21 on Wednesday. The firm has a market capitalization of $134.42 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm’s 50 day moving average is $381.16 and its 200-day moving average is $368.60. Vanguard Growth ETF has a 52-week low of $279.51 and a 52-week high of $397.18.

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.