Vanguard Growth ETF (NYSEARCA:VUG) Holdings Reduced by Richardson Capital Management LLC

Richardson Capital Management LLC cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 8.1% in the 1st quarter, HoldingsChannel reports. The fund owned 388 shares of the company’s stock after selling 34 shares during the period. Richardson Capital Management LLC’s holdings in Vanguard Growth ETF were worth $134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Iron Horse Wealth Management LLC boosted its holdings in shares of Vanguard Growth ETF by 3.9% in the first quarter. Iron Horse Wealth Management LLC now owns 1,344 shares of the company’s stock valued at $463,000 after acquiring an additional 50 shares in the last quarter. Founders Financial Securities LLC boosted its holdings in Vanguard Growth ETF by 65.7% during the first quarter. Founders Financial Securities LLC now owns 27,757 shares of the company’s stock worth $9,554,000 after buying an additional 11,003 shares in the last quarter. Guidance Capital Inc. lifted its position in shares of Vanguard Growth ETF by 46.4% in the 1st quarter. Guidance Capital Inc. now owns 7,334 shares of the company’s stock valued at $2,457,000 after acquiring an additional 2,325 shares in the last quarter. Foguth Wealth Management LLC. purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter valued at approximately $4,878,000. Finally, Brown Miller Wealth Management LLC lifted its position in shares of Vanguard Growth ETF by 5.1% in the 1st quarter. Brown Miller Wealth Management LLC now owns 2,368 shares of the company’s stock valued at $815,000 after acquiring an additional 114 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG traded down $3.10 during mid-day trading on Friday, hitting $374.01. The stock had a trading volume of 1,072,842 shares, compared to its average volume of 1,008,061. The company has a market cap of $128.84 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $380.26. The company’s 50 day moving average is $353.93 and its 200-day moving average is $337.28.

Vanguard Growth ETF Company 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.