Sugarloaf Wealth Management LLC Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sugarloaf Wealth Management LLC lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,769 shares of the company’s stock after selling 330 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Growth ETF during the 3rd quarter valued at approximately $35,000. Rosenberg Matthew Hamilton increased its position in shares of Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after acquiring an additional 84 shares during the period. SYM FINANCIAL Corp increased its position in shares of Vanguard Growth ETF by 37.9% in the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock valued at $45,000 after acquiring an additional 33 shares during the period. Transcendent Capital Group LLC lifted its position in Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock worth $48,000 after acquiring an additional 101 shares during the period. Finally, Peterson Financial Group Inc. purchased a new stake in Vanguard Growth ETF during the 3rd quarter valued at about $48,000.

Vanguard Growth ETF Stock Down 1.2 %

Shares of NYSEARCA:VUG traded down $4.99 during trading on Friday, hitting $408.70. The stock had a trading volume of 1,447,839 shares, compared to its average volume of 1,299,765. Vanguard Growth ETF has a 12-month low of $307.85 and a 12-month high of $428.69. The stock has a market capitalization of $140.79 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock has a 50-day simple moving average of $412.01 and a two-hundred day simple moving average of $388.58.

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.