Dravo Bay LLC Cuts Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Dravo Bay LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% during the second quarter, HoldingsChannel.com reports. The fund owned 22,118 shares of the company’s stock after selling 80 shares during the quarter. Vanguard Growth ETF makes up approximately 4.6% of Dravo Bay LLC’s investment portfolio, making the stock its 5th biggest holding. Dravo Bay LLC’s holdings in Vanguard Growth ETF were worth $8,272,000 as of its most recent filing with the SEC.

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

Vanguard Growth ETF Trading Down 0.4 %

NYSEARCA:VUG opened at $374.10 on Tuesday. The company has a market capitalization of $128.87 billion, a P/E 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 $392.14. The firm has a fifty day simple moving average of $369.01 and a 200-day simple moving average of $357.12.

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.