Vanguard Growth ETF (NYSEARCA:VUG) is GenWealth Group Inc.’s 3rd Largest Position

GenWealth Group Inc. lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 85,659 shares of the company’s stock after selling 2,105 shares during the period. Vanguard Growth ETF makes up about 8.0% of GenWealth Group Inc.’s investment portfolio, making the stock its 3rd largest position. GenWealth Group Inc.’s holdings in Vanguard Growth ETF were worth $35,158,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VUG. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Growth ETF during the 3rd quarter worth approximately $35,000. Rosenberg Matthew Hamilton raised its stake in shares of Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after buying an additional 84 shares in the last quarter. Transcendent Capital Group LLC lifted its holdings in shares of Vanguard Growth ETF by 420.8% in the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after buying an additional 101 shares during the period. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Growth ETF in the third quarter valued at approximately $48,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $415.91 on Friday. Vanguard Growth ETF has a 1-year low of $312.19 and a 1-year high of $428.69. The business’s fifty day moving average price is $413.64 and its 200 day moving average price is $390.03. The firm has a market capitalization of $143.28 billion, a PE 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.