Wealthspire Advisors LLC Decreases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Wealthspire Advisors LLC lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% in the fourth quarter, Holdings Channel reports. The firm owned 313,165 shares of the company’s stock after selling 5,668 shares during the period. Vanguard Growth ETF makes up about 1.4% of Wealthspire Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Wealthspire Advisors LLC’s holdings in Vanguard Growth ETF were worth $97,357,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. purchased a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $27,000. ARK Investment Management LLC boosted its holdings 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 acquiring an additional 41 shares during the period. Arvest Investments Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $30,000. Finally, Orion Capital Management LLC purchased a new position in Vanguard Growth ETF in the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG traded up $0.94 on Thursday, reaching $343.76. The company had a trading volume of 531,358 shares, compared to its average volume of 1,028,895. The firm has a market capitalization of $118.42 billion, a PE ratio of 39.58 and a beta of 1.26. The firm has a 50-day moving average of $339.12 and a 200-day moving average of $318.57. Vanguard Growth ETF has a 1 year low of $251.66 and a 1 year high of $348.88.

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.