Parr Mcknight Wealth Management Group LLC Trims Stock Position in Vanguard Growth ETF $VUG

Parr Mcknight Wealth Management Group LLC lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 70.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,346 shares of the company’s stock after selling 7,858 shares during the quarter. Parr Mcknight Wealth Management Group LLC’s holdings in Vanguard Growth ETF were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cdkv Holdings LLC increased its position in Vanguard Growth ETF by 28.9% during the 1st quarter. Cdkv Holdings LLC now owns 15,836 shares of the company’s stock worth $6,917,000 after purchasing an additional 3,550 shares during the period. J. Safra Sarasin Holding AG boosted its stake in shares of Vanguard Growth ETF by 67.9% in the first quarter. J. Safra Sarasin Holding AG now owns 3,211 shares of the company’s stock valued at $1,403,000 after buying an additional 1,299 shares in the last quarter. Lincoln National Corp grew its holdings in Vanguard Growth ETF by 7.9% during the first quarter. Lincoln National Corp now owns 719,053 shares of the company’s stock worth $314,075,000 after acquiring an additional 52,872 shares during the period. Avion Wealth grew its holdings in Vanguard Growth ETF by 11.3% during the first quarter. Avion Wealth now owns 25,954 shares of the company’s stock worth $11,336,000 after acquiring an additional 2,642 shares during the period. Finally, Financial Advisory Partners LLC grew its holdings in Vanguard Growth ETF by 9.1% during the first quarter. Financial Advisory Partners LLC now owns 76,443 shares of the company’s stock worth $33,390,000 after acquiring an additional 6,402 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $86.15 on Tuesday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a fifty day moving average price of $86.59 and a two-hundred day moving average price of $81.34. The stock has a market capitalization of $222.86 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.