Sei Investments Co. Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sei Investments Co. reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,544,960 shares of the company’s stock after selling 19,047 shares during the quarter. Vanguard Growth ETF accounts for approximately 0.8% of Sei Investments Co.’s portfolio, making the stock its 12th largest holding. Sei Investments Co. owned 0.45% of Vanguard Growth ETF worth $634,110,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC boosted its holdings 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 buying an additional 1,779 shares during the last quarter. First City Capital Management Inc. raised its stake in Vanguard Growth ETF by 30.3% in the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares during the period. Principal Financial Group Inc. bought a new stake in Vanguard Growth ETF in the 4th quarter valued at about $2,232,000. Empowered Funds LLC bought a new stake in Vanguard Growth ETF in the 4th quarter valued at about $236,000. Finally, Argentarii LLC bought a new stake in Vanguard Growth ETF in the 4th quarter valued at about $710,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $380.36 on Friday. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The stock’s 50-day simple moving average is $406.98 and its 200 day simple moving average is $401.10. The stock has a market capitalization of $376.96 billion, a P/E ratio of 35.10 and a beta of 1.14.

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.