Sunburst Financial Group LLC Has $2.43 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sunburst Financial Group LLC reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,914 shares of the company’s stock after selling 162 shares during the quarter. Vanguard Growth ETF accounts for 0.6% of Sunburst Financial Group LLC’s portfolio, making the stock its 28th largest position. Sunburst Financial Group LLC’s holdings in Vanguard Growth ETF were worth $2,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $28,000. Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $33,000. Global Trust Asset Management LLC boosted its holdings in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF in the third quarter valued at $35,000. Finally, Rosenberg Matthew Hamilton increased its stake in Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after buying an additional 84 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $426.77 on Friday. The stock has a market capitalization of $147.02 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s 50-day moving average price is $418.38 and its two-hundred day moving average price is $395.28. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $428.69.

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.