Larson Financial Group LLC Reduces Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Larson Financial Group LLC reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,860 shares of the company’s stock after selling 232 shares during the quarter. Larson Financial Group LLC’s holdings in Vanguard Growth ETF were worth $889,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth approximately $27,000. ARK Investment Management LLC grew its stake in Vanguard Growth ETF by 73.2% during the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after buying an additional 41 shares during the period. Arvest Investments Inc. purchased a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $30,000. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Vanguard Growth ETF during the third quarter worth approximately $27,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth $35,000.

Vanguard Growth ETF Stock Up 1.5 %

Shares of NYSEARCA VUG traded up $4.88 during trading on Tuesday, reaching $330.49. 534,513 shares of the stock were exchanged, compared to its average volume of 1,054,149. The business’s 50-day moving average price is $339.04 and its 200 day moving average price is $314.04. Vanguard Growth ETF has a twelve month low of $242.98 and a twelve month high of $348.88. The company has a market capitalization of $113.85 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

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.