Planning Directions Inc. Has $4.95 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Planning Directions Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,900 shares of the company’s stock after selling 356 shares during the period. Vanguard Growth ETF makes up 2.9% of Planning Directions Inc.’s investment portfolio, making the stock its 8th biggest position. Planning Directions Inc.’s holdings in Vanguard Growth ETF were worth $4,953,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of VUG. Westfuller Advisors LLC bought a new position in Vanguard Growth ETF in the third quarter valued at about $457,000. Thrivent Financial for Lutherans grew its stake in shares of Vanguard Growth ETF by 38.2% during the third quarter. Thrivent Financial for Lutherans now owns 91,283 shares of the company’s stock worth $35,046,000 after buying an additional 25,240 shares during the last quarter. Claro Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 9.3% during the third quarter. Claro Advisors LLC now owns 3,103 shares of the company’s stock worth $1,191,000 after buying an additional 265 shares in the last quarter. Peterson Financial Group Inc. bought a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $48,000. Finally, Adero Partners LLC boosted its stake in shares of Vanguard Growth ETF by 40.9% during the third quarter. Adero Partners LLC now owns 1,209 shares of the company’s stock valued at $464,000 after purchasing an additional 351 shares in the last quarter.

Vanguard Growth ETF Trading Down 2.0 %

NYSEARCA:VUG opened at $397.83 on Monday. The stock’s 50-day moving average is $387.18 and its 200-day moving average is $372.80. Vanguard Growth ETF has a 1-year low of $293.61 and a 1-year high of $410.94. The stock has a market cap of $137.05 billion, a P/E 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.