Sumitomo Mitsui DS Asset Management Company Ltd Sells 34,000 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Sumitomo Mitsui DS Asset Management Company Ltd cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 12.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 235,713 shares of the company’s stock after selling 34,000 shares during the quarter. Vanguard Growth ETF accounts for 1.0% of Sumitomo Mitsui DS Asset Management Company Ltd’s portfolio, making the stock its 17th biggest holding. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Growth ETF were worth $96,746,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Clarus Wealth Advisors raised its stake in shares of Vanguard Growth ETF by 1.2% in the third quarter. Clarus Wealth Advisors now owns 14,485 shares of the company’s stock worth $5,490,000 after purchasing an additional 165 shares during the last quarter. Northstar Group Inc. grew its holdings in Vanguard Growth ETF by 1.6% during the third quarter. Northstar Group Inc. now owns 17,626 shares of the company’s stock worth $6,767,000 after buying an additional 273 shares in the last quarter. Financial Advisory Partners LLC raised its position in Vanguard Growth ETF by 2.1% in the 3rd quarter. Financial Advisory Partners LLC now owns 70,422 shares of the company’s stock valued at $27,037,000 after buying an additional 1,438 shares during the last quarter. Watts Gwilliam & Co. LLC bought a new position in Vanguard Growth ETF during the 3rd quarter valued at $7,533,000. Finally, Worth Asset Management LLC purchased a new position in Vanguard Growth ETF during the 3rd quarter worth $1,034,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $423.21 on Friday. The firm has a 50-day moving average of $417.49 and a 200-day moving average of $393.39. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $428.69. The company has a market cap of $145.79 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.