Pinion Investment Advisors LLC Sells 44,085 Shares of Vanguard Growth ETF $VUG

Pinion Investment Advisors LLC lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 52.2% during the second quarter, Holdings Channel reports. The fund owned 40,437 shares of the company’s stock after selling 44,085 shares during the quarter. Vanguard Growth ETF makes up approximately 6.1% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Pinion Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $17,728,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Coordinated Financial Services Inc. acquired a new stake in Vanguard Growth ETF during the second quarter worth approximately $529,000. Moseley Investment Management Inc. boosted its position in Vanguard Growth ETF by 10.9% during the second quarter. Moseley Investment Management Inc. now owns 6,376 shares of the company’s stock worth $2,795,000 after acquiring an additional 627 shares during the last quarter. M. Kraus & Co acquired a new stake in Vanguard Growth ETF during the second quarter worth approximately $233,000. Financial Security Advisor Inc. boosted its position in Vanguard Growth ETF by 54.9% during the second quarter. Financial Security Advisor Inc. now owns 1,301 shares of the company’s stock worth $571,000 after acquiring an additional 461 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its position in Vanguard Growth ETF by 100.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 2,352 shares of the company’s stock worth $1,031,000 after acquiring an additional 1,176 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $486.51 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $487.32. The firm’s 50 day moving average price is $467.39 and its 200 day moving average price is $426.83. The firm has a market cap of $197.48 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.