Verdence Capital Advisors LLC Lowers Position in Vanguard Growth ETF (NYSEARCA:VUG)

Verdence Capital Advisors LLC reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,596 shares of the company’s stock after selling 320 shares during the period. Vanguard Growth ETF makes up approximately 0.8% of Verdence Capital Advisors LLC’s portfolio, making the stock its 25th biggest position. Verdence Capital Advisors LLC’s holdings in Vanguard Growth ETF were worth $8,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of VUG. S.A. Mason LLC boosted its holdings in Vanguard Growth ETF by 1.4% during the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after acquiring an additional 27 shares during the period. Brave Asset Management Inc. boosted its position in Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after buying an additional 27 shares during the period. Sunbelt Securities Inc. grew its stake in shares of Vanguard Growth ETF by 0.6% in the first quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock worth $1,832,000 after acquiring an additional 31 shares in the last quarter. Portside Wealth Group LLC increased its position in shares of Vanguard Growth ETF by 3.5% during the second quarter. Portside Wealth Group LLC now owns 925 shares of the company’s stock worth $346,000 after acquiring an additional 31 shares during the period. Finally, Iron Gate Global Advisors LLC raised its stake in shares of Vanguard Growth ETF by 0.7% in the first quarter. Iron Gate Global Advisors LLC now owns 4,666 shares of the company’s stock valued at $1,605,000 after acquiring an additional 32 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.6 %

NYSEARCA VUG traded down $2.19 during trading hours on Monday, hitting $375.60. 774,502 shares of the company were exchanged, compared to its average volume of 1,015,804. The firm has a market cap of $129.39 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The company has a 50 day moving average of $371.62 and a two-hundred day moving average of $353.27. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14.

About Vanguard Growth ETF

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.