Prime Capital Investment Advisors LLC Sells 1,400 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Prime Capital Investment Advisors LLC cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 48,320 shares of the company’s stock after selling 1,400 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $18,551,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New Millennium Group LLC acquired a new stake in shares of Vanguard Growth ETF in the second quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Vanguard Growth ETF in the second quarter worth approximately $34,000. Rosenberg Matthew Hamilton lifted its position in Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after buying an additional 84 shares in the last quarter. Stuart Chaussee & Associates Inc. purchased a new position in Vanguard Growth ETF during the first quarter worth approximately $40,000. Finally, SYM FINANCIAL Corp lifted its position in Vanguard Growth ETF by 37.9% during the second quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after buying an additional 33 shares in the last quarter.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock traded up $0.21 during trading on Tuesday, reaching $408.72. 144,815 shares of the company were exchanged, compared to its average volume of 1,018,202. Vanguard Growth ETF has a 52-week low of $286.45 and a 52-week high of $409.52. The company has a market capitalization of $140.80 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock’s 50 day simple moving average is $383.70 and its two-hundred day simple moving average is $370.75.

Vanguard Growth ETF Company 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.