HM Payson & Co. Sells 34 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

HM Payson & Co. lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 4.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 660 shares of the company’s stock after selling 34 shares during the quarter. HM Payson & Co.’s holdings in Vanguard Growth ETF were worth $227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Keener Financial Planning LLC bought a new stake in Vanguard Growth ETF during the 1st quarter valued at $29,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF during the 4th quarter worth $27,000. NBT Bank N A NY purchased a new position in Vanguard Growth ETF during the 1st quarter worth $30,000. Arvest Investments Inc. purchased a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $30,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $33,000.

Vanguard Growth ETF Trading Down 2.8 %

Shares of NYSEARCA:VUG traded down $9.86 during midday trading on Monday, reaching $343.76. The company had a trading volume of 1,175,620 shares, compared to its average volume of 1,012,771. The company’s 50 day moving average price is $370.68 and its 200 day moving average price is $349.09. The stock has a market cap of $118.42 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14.

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.