Parker Financial LLC Has $25.54 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Parker Financial LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.4% in the fourth quarter, HoldingsChannel reports. The fund owned 82,161 shares of the company’s stock after selling 2,047 shares during the period. Vanguard Growth ETF makes up approximately 15.9% of Parker Financial LLC’s holdings, making the stock its 2nd largest holding. Parker Financial LLC’s holdings in Vanguard Growth ETF were worth $25,542,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in VUG. Financiere des Professionnels Fonds d investissement inc. bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $27,000. Hibernia Wealth Partners LLC bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $30,000. ARK Investment Management LLC boosted its stake in Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 41 shares during the period. Orion Capital Management LLC bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $35,000. Finally, SJS Investment Consulting Inc. bought a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $37,000.

Vanguard Growth ETF Stock Up 0.2 %

VUG stock traded up $0.73 during midday trading on Wednesday, hitting $345.02. The company’s stock had a trading volume of 983,477 shares, compared to its average volume of 998,730. Vanguard Growth ETF has a 12 month low of $237.32 and a 12 month high of $348.88. The firm has a market capitalization of $112.99 billion, a price-to-earnings ratio of 28.60 and a beta of 1.11. The company has a 50 day moving average of $333.87 and a two-hundred day moving average of $305.84.

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.