Evergreen Wealth Management LLC Has $2.23 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Evergreen Wealth Management LLC reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 10.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,799 shares of the company’s stock after selling 710 shares during the quarter. Vanguard Growth ETF accounts for 1.3% of Evergreen Wealth Management LLC’s portfolio, making the stock its 27th largest position. Evergreen Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of VUG. LJI Wealth Management LLC increased its stake in shares of Vanguard Growth ETF by 7.3% in the third quarter. LJI Wealth Management LLC now owns 1,994 shares of the company’s stock valued at $766,000 after buying an additional 136 shares in the last quarter. Paragon Advisors LLC bought a new position in Vanguard Growth ETF in the third quarter valued at about $223,000. Natixis Advisors LLC boosted its holdings in Vanguard Growth ETF by 11.4% in the third quarter. Natixis Advisors LLC now owns 184,472 shares of the company’s stock valued at $70,824,000 after acquiring an additional 18,926 shares during the last quarter. KCM Investment Advisors LLC boosted its holdings in Vanguard Growth ETF by 2.1% in the third quarter. KCM Investment Advisors LLC now owns 11,082 shares of the company’s stock valued at $4,255,000 after acquiring an additional 226 shares during the last quarter. Finally, Archer Investment Corp boosted its holdings in Vanguard Growth ETF by 6.5% in the third quarter. Archer Investment Corp now owns 2,397 shares of the company’s stock valued at $920,000 after acquiring an additional 146 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG traded down $8.30 during midday trading on Friday, reaching $397.83. 1,051,432 shares of the company were exchanged, compared to its average volume of 1,025,398. Vanguard Growth ETF has a one year low of $293.61 and a one year high of $410.94. The stock has a market capitalization of $137.05 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock’s 50-day simple moving average is $387.18 and its 200 day simple moving average is $372.20.

Vanguard Growth ETF Profile

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.