McAlister Sweet & Associates Inc. Reduces Stake in Vanguard Growth ETF $VUG

McAlister Sweet & Associates Inc. lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 85.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,485 shares of the company’s stock after selling 21,050 shares during the period. Vanguard Growth ETF makes up approximately 1.5% of McAlister Sweet & Associates Inc.’s investment portfolio, making the stock its 15th biggest position. McAlister Sweet & Associates Inc.’s holdings in Vanguard Growth ETF were worth $1,528,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VUG. Smallwood Wealth Investment Management LLC purchased a new position in Vanguard Growth ETF in the first quarter worth about $29,000. Allianz SE purchased a new position in Vanguard Growth ETF in the first quarter worth about $29,000. Hager Investment Management Services LLC purchased a new position in Vanguard Growth ETF in the first quarter worth about $31,000. Costello Asset Management INC purchased a new position in Vanguard Growth ETF in the first quarter worth about $31,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in Vanguard Growth ETF in the first quarter worth about $36,000.

Vanguard Growth ETF Trading Up 0.3%

VUG opened at $471.51 on Friday. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $472.54. The stock has a 50-day moving average of $455.17 and a 200 day moving average of $414.48. The firm has a market cap of $188.68 billion, a P/E ratio of 36.22 and a beta of 1.11.

Vanguard Growth ETF 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.