MTC Wealth Management LLC Lowers Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

MTC Wealth Management LLC lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,121 shares of the company’s stock after selling 177 shares during the quarter. Vanguard Growth ETF comprises 1.2% of MTC Wealth Management LLC’s holdings, making the stock its 14th largest position. MTC Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,512,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the fourth quarter valued at $28,000. Cardinal Strategic Wealth Guidance purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $33,000. Global Trust Asset Management LLC lifted its holdings in shares of Vanguard Growth ETF by 1,071.4% in the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in Vanguard Growth ETF in the 3rd quarter valued at about $35,000. Finally, Rosenberg Matthew Hamilton increased its position in 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.

Vanguard Growth ETF Stock Up 0.2 %

Shares of VUG stock opened at $427.52 on Friday. The stock’s 50-day moving average price is $418.51 and its 200 day moving average price is $395.50. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $428.69. The stock has a market capitalization of $147.28 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.