Tennessee Valley Asset Management Partners Lowers Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Tennessee Valley Asset Management Partners reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 45.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 599 shares of the company’s stock after selling 499 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Vanguard Growth ETF were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. High Net Worth Advisory Group LLC boosted its holdings in Vanguard Growth ETF by 3.8% in the fourth quarter. High Net Worth Advisory Group LLC now owns 14,417 shares of the company’s stock worth $5,921,000 after acquiring an additional 532 shares in the last quarter. SWP Financial LLC raised its position in shares of Vanguard Growth ETF by 16.8% in the 4th quarter. SWP Financial LLC now owns 34,739 shares of the company’s stock worth $14,258,000 after purchasing an additional 5,004 shares during the last quarter. MKT Advisors LLC boosted its stake in Vanguard Growth ETF by 3.1% in the 4th quarter. MKT Advisors LLC now owns 1,838 shares of the company’s stock worth $764,000 after purchasing an additional 56 shares in the last quarter. M3 Advisory Group LLC grew its position in Vanguard Growth ETF by 7.9% during the 4th quarter. M3 Advisory Group LLC now owns 16,114 shares of the company’s stock valued at $6,614,000 after purchasing an additional 1,178 shares during the last quarter. Finally, Cypress Point Wealth Management LLC bought a new stake in Vanguard Growth ETF during the 4th quarter valued at about $958,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $424.02 on Monday. The firm’s 50 day moving average price is $415.22 and its 200-day moving average price is $391.36. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69. The company has a market cap of $146.07 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.