Sierra Summit Advisors LLC Has $935,000 Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Sierra Summit Advisors LLC decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,500 shares of the company’s stock after selling 245 shares during the quarter. Sierra Summit Advisors LLC’s holdings in Vanguard Growth ETF were worth $935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Assets Advisory LLC acquired a new stake in Vanguard Growth ETF during the first quarter worth approximately $38,393,000. Comerica Bank grew its holdings in shares of Vanguard Growth ETF by 11.4% during the 4th quarter. Comerica Bank now owns 143,229 shares of the company’s stock worth $44,527,000 after purchasing an additional 14,695 shares in the last quarter. Waterloo Capital L.P. bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth $292,000. Buckingham Strategic Partners LLC raised its stake in Vanguard Growth ETF by 5.1% in the fourth quarter. Buckingham Strategic Partners LLC now owns 8,463 shares of the company’s stock valued at $2,631,000 after purchasing an additional 413 shares in the last quarter. Finally, NBC Securities Inc. lifted its position in Vanguard Growth ETF by 22.3% during the first quarter. NBC Securities Inc. now owns 603 shares of the company’s stock worth $217,000 after purchasing an additional 110 shares during the period.

Vanguard Growth ETF Stock Up 0.4 %

VUG stock opened at $375.65 on Monday. The company’s 50-day moving average price is $369.28 and its two-hundred day moving average price is $356.88. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The firm has a market cap of $129.41 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.