MeadowBrook Investment Advisors LLC Decreases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

MeadowBrook Investment Advisors LLC reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 99.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 529 shares of the company’s stock after selling 87,574 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. New Millennium Group LLC purchased a new position in Vanguard Growth ETF during the 2nd quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Vanguard Growth ETF during the 2nd quarter worth approximately $34,000. Rosenberg Matthew Hamilton raised its position in Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after buying an additional 84 shares during the last quarter. SYM FINANCIAL Corp raised its position in Vanguard Growth ETF by 37.9% during the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after buying an additional 33 shares during the last quarter. Finally, Pacific Center for Financial Services raised its position in Vanguard Growth ETF by 202.2% during the 1st quarter. Pacific Center for Financial Services now owns 139 shares of the company’s stock worth $48,000 after buying an additional 93 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG traded down $0.79 during trading on Thursday, reaching $407.83. 266,525 shares of the company’s stock were exchanged, compared to its average volume of 1,018,716. Vanguard Growth ETF has a 1 year low of $293.16 and a 1 year high of $410.94. The stock has a market capitalization of $140.49 billion, a P/E ratio of 39.58 and a beta of 1.26. The company’s fifty day simple moving average is $385.50 and its 200-day simple moving average is $371.53.

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.