First City Capital Management Inc. Reduces Position in Vanguard Growth ETF (NYSEARCA:VUG)

First City Capital Management Inc. reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 910 shares of the company’s stock after selling 26 shares during the period. First City Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $349,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VUG. Princeton Capital Management LLC acquired a new position in Vanguard Growth ETF during the third quarter worth $211,000. BIP Wealth LLC boosted its position in shares of Vanguard Growth ETF by 8.5% during the 3rd quarter. BIP Wealth LLC now owns 10,418 shares of the company’s stock valued at $4,000,000 after acquiring an additional 820 shares during the last quarter. Caprock Group LLC grew its holdings in shares of Vanguard Growth ETF by 0.7% in the third quarter. Caprock Group LLC now owns 22,575 shares of the company’s stock valued at $8,667,000 after purchasing an additional 156 shares during the period. Amara Financial LLC. acquired a new stake in Vanguard Growth ETF during the third quarter worth about $686,000. Finally, St. Louis Trust Co raised its stake in Vanguard Growth ETF by 82.7% during the third quarter. St. Louis Trust Co now owns 18,762 shares of the company’s stock worth $7,203,000 after purchasing an additional 8,491 shares during the period.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock opened at $399.53 on Tuesday. The firm has a 50 day simple moving average of $387.96 and a 200-day simple moving average of $373.27. The stock has a market cap of $137.63 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1-year low of $294.34 and a 1-year high of $410.94.

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.