King Luther Capital Management Corp Decreases Position in Vanguard Growth ETF (NYSEARCA:VUG)

King Luther Capital Management Corp decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 24.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,350 shares of the company’s stock after selling 428 shares during the quarter. King Luther Capital Management Corp’s holdings in Vanguard Growth ETF were worth $554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new stake in Vanguard Growth ETF during the 4th quarter valued at $28,000. Human Investing LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $28,000. Cardinal Strategic Wealth Guidance bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $33,000. Providence First Trust Co purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at $33,000. Finally, Global Trust Asset Management LLC increased its holdings in Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after buying an additional 75 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $369.10 on Friday. The company’s 50-day simple moving average is $411.31 and its two-hundred day simple moving average is $400.95. The stock has a market capitalization of $358.31 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

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.