ERn Financial LLC Has $9.26 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

ERn Financial LLC lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,559 shares of the company’s stock after selling 116 shares during the quarter. Vanguard Growth ETF comprises about 1.4% of ERn Financial LLC’s investment portfolio, making the stock its 22nd biggest position. ERn Financial LLC’s holdings in Vanguard Growth ETF were worth $9,259,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VUG. Sanctuary Advisors LLC acquired a new stake in Vanguard Growth ETF during the second quarter worth approximately $270,138,000. Axiom Advisory LLC lifted its holdings in Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares during the last quarter. Retirement Investment Advisors Inc. acquired a new stake in Vanguard Growth ETF during the 2nd quarter worth approximately $181,622,000. Smith Anglin Financial LLC boosted its stake in Vanguard Growth ETF by 49,394.9% in the 3rd quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock valued at $138,719,000 after purchasing an additional 360,583 shares during the period. Finally, Captrust Financial Advisors boosted its stake in Vanguard Growth ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock valued at $462,056,000 after purchasing an additional 257,784 shares during the period.

Vanguard Growth ETF Price Performance

VUG stock opened at $413.76 on Thursday. Vanguard Growth ETF has a fifty-two week low of $307.85 and a fifty-two week high of $428.69. The stock has a market capitalization of $142.54 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The business’s fifty day moving average price is $413.12 and its two-hundred day moving average price is $389.44.

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.