Pointe Capital Management LLC Sells 71 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Pointe Capital Management LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,295 shares of the company’s stock after selling 71 shares during the period. Pointe Capital Management LLC’s holdings in Vanguard Growth ETF were worth $532,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Jennison Associates LLC boosted its position in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. raised its stake in Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the last quarter. Empowered Funds LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter worth about $236,000. Worth Asset Management LLC grew its stake in shares of Vanguard Growth ETF by 831.2% during the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after acquiring an additional 22,392 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in shares of Vanguard Growth ETF by 34,615.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after acquiring an additional 5,471,634 shares during the last quarter.

Vanguard Growth ETF Stock Down 1.1 %

Shares of Vanguard Growth ETF stock opened at $407.34 on Wednesday. The company has a 50 day moving average price of $418.06 and a 200 day moving average price of $399.89. The firm has a market capitalization of $395.44 billion, a P/E ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11.

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.