Trust Co of Tennessee Trims Position in Vanguard Growth ETF (NYSEARCA:VUG)

Trust Co of Tennessee lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 252,040 shares of the company’s stock after selling 997 shares during the period. Vanguard Growth ETF comprises 34.4% of Trust Co of Tennessee’s holdings, making the stock its largest position. Trust Co of Tennessee owned 0.07% of Vanguard Growth ETF worth $103,449,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Squarepoint Ops LLC lifted its position in Vanguard Growth ETF by 502.1% in the 2nd quarter. Squarepoint Ops LLC now owns 7,316 shares of the company’s stock valued at $2,736,000 after acquiring an additional 6,101 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF by 633.9% in the second quarter. AQR Capital Management LLC now owns 6,847 shares of the company’s stock valued at $2,561,000 after purchasing an additional 5,914 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its position in shares of Vanguard Growth ETF by 41.8% during the second quarter. Texas Capital Bank Wealth Management Services Inc now owns 957 shares of the company’s stock worth $358,000 after buying an additional 282 shares during the period. Creative Planning grew its holdings in shares of Vanguard Growth ETF by 0.3% during the second quarter. Creative Planning now owns 267,534 shares of the company’s stock worth $100,061,000 after buying an additional 808 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in Vanguard Growth ETF in the 2nd quarter valued at approximately $86,256,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $424.02 on Monday. The stock has a market capitalization of $146.07 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52 week low of $317.59 and a 52 week high of $428.69. The stock’s 50 day moving average price is $415.22 and its two-hundred day moving average price is $391.35.

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.