Kanawha Capital Management LLC Reduces Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Kanawha Capital Management LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 3.6% in the 4th quarter, HoldingsChannel reports. The fund owned 926 shares of the company’s stock after selling 35 shares during the period. Kanawha Capital Management LLC’s holdings in Vanguard Growth ETF were worth $380,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the fourth quarter worth about $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF in the fourth quarter worth about $33,000. Global Trust Asset Management LLC grew its position in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in Vanguard Growth ETF in the third quarter worth about $35,000. Finally, Rosenberg Matthew Hamilton grew its position in Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $426.77 on Friday. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $428.69. The business has a 50 day simple moving average of $418.38 and a two-hundred day simple moving average of $395.28. The firm has a market capitalization of $147.02 billion, a PE ratio of 39.58 and a beta of 1.26.

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.