First Foundation Advisors Reduces Stake in Vanguard Growth ETF (NYSEARCA:VUG)

First Foundation Advisors lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 25.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,074 shares of the company’s stock after selling 721 shares during the period. First Foundation Advisors’ holdings in Vanguard Growth ETF were worth $714,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of VUG. Kingswood Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $723,000. Everett Harris & Co. CA boosted its position in Vanguard Growth ETF by 0.8% in the 4th quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock worth $17,668,000 after purchasing an additional 466 shares in the last quarter. AdvisorNet Financial Inc boosted its position in Vanguard Growth ETF by 29.4% in the 4th quarter. AdvisorNet Financial Inc now owns 52,510 shares of the company’s stock worth $16,324,000 after purchasing an additional 11,938 shares in the last quarter. Manning & Napier Group LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $233,000. Finally, Truist Financial Corp boosted its position in Vanguard Growth ETF by 5.3% in the 4th quarter. Truist Financial Corp now owns 1,133,173 shares of the company’s stock worth $352,281,000 after purchasing an additional 57,277 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.6 %

Vanguard Growth ETF stock traded down $2.24 during mid-day trading on Friday, hitting $371.14. The company had a trading volume of 680,545 shares, compared to its average volume of 1,011,061. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14. The company’s fifty day moving average is $368.04 and its 200-day moving average is $344.93. The company has a market capitalization of $127.85 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.