Vanguard Growth ETF (NYSEARCA:VUG) is Cannon Financial Strategists Inc.’s 6th Largest Position

Cannon Financial Strategists Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,919 shares of the company’s stock after selling 469 shares during the quarter. Vanguard Growth ETF comprises approximately 4.3% of Cannon Financial Strategists Inc.’s holdings, making the stock its 6th largest position. Cannon Financial Strategists Inc.’s holdings in Vanguard Growth ETF were worth $24,925,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Keener Financial Planning LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter worth approximately $29,000. New Millennium Group LLC purchased a new stake in Vanguard Growth ETF in the second quarter worth $31,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Growth ETF during the second quarter valued at $34,000. Stuart Chaussee & Associates Inc. purchased a new position in Vanguard Growth ETF in the 1st quarter worth about $40,000. Finally, SYM FINANCIAL Corp boosted its position in Vanguard Growth ETF by 37.9% in the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock valued at $45,000 after buying an additional 33 shares during the period.

Vanguard Growth ETF Stock Down 0.2 %

NYSEARCA:VUG traded down $0.92 during midday trading on Monday, hitting $391.26. The stock had a trading volume of 386,332 shares, compared to its average volume of 992,161. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $393.71. The company has a market capitalization of $134.79 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock has a 50-day moving average of $376.80 and a 200 day moving average of $364.10.

Vanguard Growth ETF 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.