Vanguard Growth ETF $VUG Stake Cut by Novem Group

Novem Group cut its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 221,596 shares of the company’s stock after selling 6,386 shares during the quarter. Vanguard Growth ETF accounts for about 2.0% of Novem Group’s investment portfolio, making the stock its 8th largest holding. Novem Group’s holdings in Vanguard Growth ETF were worth $19,968,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Vanguard Growth ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after purchasing an additional 6,771,524 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Vanguard Growth ETF by 458.6% in the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock worth $18,137,223,000 after buying an additional 179,884,185 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Growth ETF by 573.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock valued at $5,043,716,000 after buying an additional 49,861,056 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 539.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after buying an additional 19,678,907 shares during the period. Finally, Mather Group LLC. boosted its holdings in shares of Vanguard Growth ETF by 9.1% in the 3rd quarter. Mather Group LLC. now owns 16,589,261 shares of the company’s stock valued at $1,494,858,000 after buying an additional 1,386,967 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG traded up $0.89 during trading on Monday, reaching $88.82. 5,258,255 shares of the company’s stock traded hands, compared to its average volume of 8,190,505. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $93.00. The company has a 50 day moving average of $89.19 and a 200-day moving average of $86.30. The stock has a market capitalization of $229.63 billion, a P/E ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.