Vanguard Growth ETF (NYSEARCA:VUG) is Defined Wealth Management LLC’s 2nd Largest Position

Defined Wealth Management LLC reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.8% in the fourth quarter, HoldingsChannel reports. The fund owned 19,728 shares of the company’s stock after selling 156 shares during the period. Vanguard Growth ETF accounts for 5.4% of Defined Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Defined Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $8,097,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Sanctuary Advisors LLC purchased a new position in Vanguard Growth ETF during the second quarter valued at $270,138,000. Axiom Advisory LLC raised its position in shares of Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares during the last quarter. Retirement Investment Advisors Inc. bought a new position in Vanguard Growth ETF in the 2nd quarter worth about $181,622,000. Smith Anglin Financial LLC boosted its stake in Vanguard Growth ETF by 49,394.9% in the 3rd quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock worth $138,719,000 after purchasing an additional 360,583 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in Vanguard Growth ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock valued at $462,056,000 after purchasing an additional 257,784 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $415.91 on Friday. The company has a 50-day simple moving average of $413.48 and a two-hundred day simple moving average of $389.75. The stock has a market capitalization of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52-week low of $312.19 and a 52-week high of $428.69.

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.