Vanguard Growth ETF $VUG Stake Lessened by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 78.2% during the first quarter, Holdings Channel.com reports. The fund owned 11,406 shares of the company’s stock after selling 40,805 shares during the period. Vanguard Growth ETF accounts for about 0.7% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 24th biggest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard Growth ETF were worth $4,982,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. BlueStem Wealth Partners LLC lifted its holdings in shares of Vanguard Growth ETF by 49.6% in the third quarter. BlueStem Wealth Partners LLC now owns 250,968 shares of the company’s stock valued at $120,367,000 after buying an additional 83,229 shares during the period. Enclave Advisors LLC boosted its stake in Vanguard Growth ETF by 6.6% during the fourth quarter. Enclave Advisors LLC now owns 39,547 shares of the company’s stock valued at $19,293,000 after buying an additional 2,462 shares in the last quarter. Everhart Financial Group Inc. grew its holdings in Vanguard Growth ETF by 8.4% during the fourth quarter. Everhart Financial Group Inc. now owns 284,541 shares of the company’s stock worth $138,816,000 after acquiring an additional 21,967 shares during the period. VSM Wealth Advisory LLC grew its holdings in Vanguard Growth ETF by 17.6% during the third quarter. VSM Wealth Advisory LLC now owns 21,988 shares of the company’s stock worth $10,545,000 after acquiring an additional 3,298 shares during the period. Finally, Gryphon Financial Partners LLC bought a new stake in Vanguard Growth ETF in the fourth quarter worth about $1,194,000.

Vanguard Growth ETF Trading Up 1.5%

Shares of NYSEARCA VUG opened at $86.14 on Wednesday. The company has a market capitalization of $36.59 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The firm has a 50-day moving average of $85.94 and a two-hundred day moving average of $81.01.

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.