Red Wave Investments LLC Sells 150 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Red Wave Investments LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,809 shares of the company’s stock after selling 150 shares during the period. Vanguard Growth ETF accounts for approximately 1.1% of Red Wave Investments LLC’s holdings, making the stock its 22nd biggest holding. Red Wave Investments LLC’s holdings in Vanguard Growth ETF were worth $3,205,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $28,000. Human Investing LLC bought a new position in Vanguard Growth ETF in the fourth quarter worth about $28,000. Cardinal Strategic Wealth Guidance purchased a new stake in Vanguard Growth ETF in the fourth quarter worth about $33,000. Global Trust Asset Management LLC boosted its position in Vanguard Growth ETF by 1,071.4% during the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. Finally, Teachers Insurance & Annuity Association of America purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Stock Down 2.2 %

VUG opened at $416.02 on Friday. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The stock has a market cap of $143.31 billion, a PE ratio of 39.58 and a beta of 1.26. The business has a 50 day moving average of $418.77 and a 200-day moving average of $398.33.

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.