Fragasso Financial Advisors Inc Reduces Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Fragasso Financial Advisors Inc decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 4.4% during the second quarter, Holdings Channel.com reports. The fund owned 1,212 shares of the company’s stock after selling 56 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in Vanguard Growth ETF were worth $453,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truist Financial Corp boosted its stake in shares of Vanguard Growth ETF by 5.3% during the 4th quarter. Truist Financial Corp now owns 1,133,173 shares of the company’s stock valued at $352,281,000 after purchasing an additional 57,277 shares in the last quarter. Roman Butler Fullerton & Co. lifted its stake in shares of Vanguard Growth ETF by 6.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 10,356 shares of the company’s stock valued at $3,343,000 after purchasing an additional 632 shares during the period. Global Assets Advisory LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at approximately $38,393,000. Comerica Bank boosted its position in shares of Vanguard Growth ETF by 11.4% during the fourth quarter. Comerica Bank now owns 143,229 shares of the company’s stock valued at $44,527,000 after purchasing an additional 14,695 shares in the last quarter. Finally, Integrity Wealth Solutions LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter worth $8,769,000.

Vanguard Growth ETF Trading Up 1.2 %

Vanguard Growth ETF stock traded up $4.18 on Tuesday, hitting $345.26. 1,557,123 shares of the stock traded hands, compared to its average volume of 1,024,716. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The firm has a market cap of $118.94 billion, a P/E ratio of 39.58 and a beta of 1.26. The business’s fifty day simple moving average is $370.40 and its 200 day simple moving average is $349.28.

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.