Concourse Financial Group Securities Inc. Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Concourse Financial Group Securities Inc. lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 4.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 33,625 shares of the company’s stock after selling 1,422 shares during the period. Vanguard Growth ETF accounts for approximately 0.8% of Concourse Financial Group Securities Inc.’s holdings, making the stock its 21st largest holding. Concourse Financial Group Securities Inc.’s holdings in Vanguard Growth ETF were worth $12,910,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Growth ETF by 40,514.9% in the second quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after buying an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the second quarter worth $270,138,000. Axiom Advisory LLC increased its position in shares of Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after acquiring an additional 614,652 shares during the period. Cetera Investment Advisers raised its stake in shares of Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after acquiring an additional 552,439 shares in the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new position in Vanguard Growth ETF in the second quarter valued at $181,622,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $388.79 on Friday. The business has a 50-day simple moving average of $372.48 and a 200-day simple moving average of $362.33. Vanguard Growth ETF has a one year low of $260.65 and a one year high of $392.14. The company has a market cap of $133.93 billion, a PE ratio of 39.58 and a beta of 1.26.

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.