Vanguard Growth ETF (NYSEARCA:VUG) is Ellis Investment Partners LLC’s 2nd Largest Position

Ellis Investment Partners LLC reduced its position in Vanguard Growth ETF (NYSEARCA:VUG) by 8.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 65,292 shares of the company’s stock after selling 5,823 shares during the quarter. Vanguard Growth ETF makes up about 5.3% of Ellis Investment Partners LLC’s holdings, making the stock its 2nd largest holding. Ellis Investment Partners LLC’s holdings in Vanguard Growth ETF were worth $26,798,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Jennison Associates LLC raised its stake in Vanguard Growth ETF by 219.4% during the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after purchasing an additional 1,779 shares during the period. First City Capital Management Inc. raised its position in Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the period. Creative Planning lifted its stake in Vanguard Growth ETF by 1.4% in the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after acquiring an additional 3,749 shares in the last quarter. Worth Asset Management LLC boosted its position in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares during the period. Finally, Strategic Financial Concepts LLC grew its stake in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after acquiring an additional 5,471,634 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $427.52 on Friday. The company has a market capitalization of $147.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The business’s 50-day moving average is $418.59 and its 200-day moving average is $395.95. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $428.69.

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.