Agate Pass Investment Management LLC Sells 7,394 Shares of Vanguard Growth ETF $VUG

Agate Pass Investment Management LLC reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 36.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 13,134 shares of the company’s stock after selling 7,394 shares during the period. Vanguard Growth ETF accounts for approximately 2.4% of Agate Pass Investment Management LLC’s portfolio, making the stock its 11th largest position. Agate Pass Investment Management LLC’s holdings in Vanguard Growth ETF were worth $5,758,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its position in Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after buying an additional 3,694,339 shares during the period. Ameriprise Financial Inc. increased its position in Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after buying an additional 330,550 shares during the period. TIAA Trust National Association increased its position in Vanguard Growth ETF by 0.5% in the 1st quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after buying an additional 17,656 shares during the period. EP Wealth Advisors LLC increased its position in shares of Vanguard Growth ETF by 3.4% during the first quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock valued at $1,237,228,000 after purchasing an additional 109,654 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Vanguard Growth ETF by 11.5% during the first quarter. Raymond James Financial Inc. now owns 2,637,078 shares of the company’s stock valued at $977,881,000 after purchasing an additional 271,661 shares during the period.

Vanguard Growth ETF Trading Down 3.3%

VUG opened at $470.44 on Friday. The stock has a market cap of $190.96 billion, a PE ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $488.51. The stock’s 50 day simple moving average is $467.89 and its 200-day simple moving average is $427.37.

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.