Sei Investments Co. Sells 19,047 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Sei Investments Co. cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,544,960 shares of the company’s stock after selling 19,047 shares during the period. Vanguard Growth ETF accounts for approximately 0.8% of Sei Investments Co.’s portfolio, making the stock its 12th largest holding. Sei Investments Co.’s holdings in Vanguard Growth ETF were worth $634,110,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jennison Associates LLC increased its position in shares of Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares during the period. First City Capital Management Inc. increased its position in shares of 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. Principal Financial Group Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $2,232,000. Empowered Funds LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $236,000. Finally, Argentarii LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $710,000.

Vanguard Growth ETF Trading Up 0.6 %

Shares of NYSEARCA VUG opened at $380.36 on Friday. The firm has a market capitalization of $376.96 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The business has a 50-day moving average of $406.98 and a 200-day moving average of $401.10. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11.

Vanguard Growth ETF Company 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.