Evergreen Wealth Management LLC Has $2.23 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Evergreen Wealth Management LLC lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 10.9% during the third quarter, Holdings Channel reports. The institutional investor owned 5,799 shares of the company’s stock after selling 710 shares during the quarter. Vanguard Growth ETF comprises approximately 1.3% of Evergreen Wealth Management LLC’s portfolio, making the stock its 27th largest holding. Evergreen Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,227,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after acquiring an additional 5,528,660 shares during the period. Sanctuary Advisors LLC bought a new stake in Vanguard Growth ETF in the 2nd quarter valued at $270,138,000. Axiom Advisory LLC lifted its position in shares of Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after acquiring an additional 614,652 shares during the period. Cetera Investment Advisers lifted its position in shares of Vanguard Growth ETF by 114.2% during the 1st 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 during the period. Finally, Retirement Investment Advisors Inc. bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $181,622,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock traded down $8.30 during trading on Friday, reaching $397.83. 1,051,432 shares of the company’s stock were exchanged, compared to its average volume of 1,025,398. Vanguard Growth ETF has a 1-year low of $293.61 and a 1-year high of $410.94. The company has a market cap of $137.05 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm’s 50-day moving average price is $387.18 and its 200 day moving average price is $372.20.

Vanguard Growth ETF 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.