Retirement Planning Co of New England Inc. Trims Position in Vanguard Growth ETF (NYSEARCA:VUG)

Retirement Planning Co of New England Inc. decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,061 shares of the company’s stock after selling 49 shares during the quarter. Vanguard Growth ETF comprises 0.8% of Retirement Planning Co of New England Inc.’s holdings, making the stock its 29th biggest position. Retirement Planning Co of New England Inc.’s holdings in Vanguard Growth ETF were worth $1,667,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Mystic Asset Management Inc. lifted its stake in shares of Vanguard Growth ETF by 32.4% during the fourth quarter. Mystic Asset Management Inc. now owns 760 shares of the company’s stock valued at $312,000 after buying an additional 186 shares during the period. Dopkins Wealth Management LLC lifted its stake in shares of Vanguard Growth ETF by 9.1% during the fourth quarter. Dopkins Wealth Management LLC now owns 14,029 shares of the company’s stock valued at $5,758,000 after buying an additional 1,168 shares during the period. Birnam Oak Advisors LP purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $11,123,000. Axxcess Wealth Management LLC lifted its stake in shares of Vanguard Growth ETF by 1.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 6,535 shares of the company’s stock valued at $2,682,000 after buying an additional 117 shares during the period. Finally, Flagship Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth approximately $16,268,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $379.56 on Tuesday. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The company has a 50 day moving average price of $409.72 and a 200 day moving average price of $401.39. The firm has a market capitalization of $376.16 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

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.