Nixon Peabody Trust Co. Reduces Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Nixon Peabody Trust Co. decreased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,400 shares of the company’s stock after selling 50 shares during the quarter. Nixon Peabody Trust Co.’s holdings in Vanguard Growth ETF were worth $3,609,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. lifted its position in Vanguard Growth ETF by 9.9% in the third quarter. Meeder Advisory Services Inc. now owns 6,081 shares of the company’s stock valued at $2,335,000 after acquiring an additional 548 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of Vanguard Growth ETF during the third quarter worth about $8,523,000. Cassaday & Co Wealth Management LLC lifted its holdings in shares of Vanguard Growth ETF by 1.9% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 7,424 shares of the company’s stock valued at $2,850,000 after purchasing an additional 141 shares during the last quarter. Capital City Trust Co. FL acquired a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at about $271,000. Finally, First Western Trust Bank purchased a new position in Vanguard Growth ETF during the 3rd quarter worth approximately $542,000.

Vanguard Growth ETF Stock Down 0.2 %

VUG traded down $0.94 during trading on Monday, hitting $396.89. 101,086 shares of the stock were exchanged, compared to its average volume of 1,021,254. Vanguard Growth ETF has a 1-year low of $294.34 and a 1-year high of $410.94. The stock has a fifty day moving average price of $387.18 and a two-hundred day moving average price of $372.80. The firm has a market capitalization of $136.72 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.