Midwest Trust Co Decreases Stake in Vanguard Growth ETF $VUG

Midwest Trust Co lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 6.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 29,209 shares of the company’s stock after selling 1,953 shares during the quarter. Midwest Trust Co’s holdings in Vanguard Growth ETF were worth $14,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of VUG. Biltmore Family Office LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Vanguard Growth ETF in the 2nd quarter worth about $32,000. Kilter Group LLC bought a new stake in Vanguard Growth ETF in the 2nd quarter valued at about $33,000. Anfield Capital Management LLC boosted its position in Vanguard Growth ETF by 266.7% during the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after purchasing an additional 56 shares during the period. Finally, Friedenthal Financial bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $38,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $471.10 on Wednesday. The stock has a market capitalization of $196.51 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The company’s fifty day simple moving average is $485.62 and its two-hundred day simple moving average is $478.44. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38.

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.