Prospera Financial Services Inc Lowers Stock Holdings in Vanguard Growth ETF $VUG

Prospera Financial Services Inc decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 4.3% during the 3rd quarter, Holdings Channel reports. The fund owned 73,248 shares of the company’s stock after selling 3,281 shares during the quarter. Vanguard Growth ETF comprises about 0.6% of Prospera Financial Services Inc’s holdings, making the stock its 28th biggest position. Prospera Financial Services Inc’s holdings in Vanguard Growth ETF were worth $35,156,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Biltmore Family Office LLC acquired a new position in shares of Vanguard Growth ETF in the second quarter valued at approximately $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth $32,000. Kilter Group LLC purchased a new position in Vanguard Growth ETF in the 2nd quarter valued at about $33,000. Anfield Capital Management LLC grew its stake in Vanguard Growth ETF by 266.7% during the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares in the last quarter. Finally, Friedenthal Financial acquired a new stake in Vanguard Growth ETF in the third quarter valued at $38,000.

Vanguard Growth ETF Trading Up 1.0%

Shares of VUG opened at $473.39 on Tuesday. The stock has a 50 day moving average of $486.03 and a 200-day moving average of $478.32. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The firm has a market cap of $197.47 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.