Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Maridea Wealth Management LLC

Maridea Wealth Management LLC lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 36.1% in the first quarter, HoldingsChannel.com reports. The fund owned 12,502 shares of the company’s stock after selling 7,052 shares during the quarter. Vanguard Growth ETF comprises about 1.5% of Maridea Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Maridea Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $4,636,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AWM Capital LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $292,000. Norden Group LLC raised its stake in shares of Vanguard Growth ETF by 161.3% during the 1st quarter. Norden Group LLC now owns 3,732 shares of the company’s stock valued at $1,384,000 after buying an additional 2,304 shares during the last quarter. Werba Rubin Papier Wealth Management raised its stake in shares of Vanguard Growth ETF by 7.1% during the 1st quarter. Werba Rubin Papier Wealth Management now owns 39,922 shares of the company’s stock valued at $14,804,000 after buying an additional 2,639 shares during the last quarter. Facet Wealth Inc. raised its stake in shares of Vanguard Growth ETF by 113.9% during the 1st quarter. Facet Wealth Inc. now owns 27,252 shares of the company’s stock valued at $10,550,000 after buying an additional 14,513 shares during the last quarter. Finally, Prosperity Consulting Group LLC raised its stake in shares of Vanguard Growth ETF by 1.5% during the 1st quarter. Prosperity Consulting Group LLC now owns 2,573 shares of the company’s stock valued at $954,000 after buying an additional 38 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $454.23 on Monday. The stock has a 50-day simple moving average of $428.91 and a two-hundred day simple moving average of $404.52. The firm has a market capitalization of $182.33 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $455.31.

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.