Balentine LLC Sells 1,278,426 Shares of Vanguard Growth ETF $VUG

Balentine LLC decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 80.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 312,246 shares of the company’s stock after selling 1,278,426 shares during the quarter. Vanguard Growth ETF comprises approximately 5.5% of Balentine LLC’s holdings, making the stock its 7th largest position. Balentine LLC’s holdings in Vanguard Growth ETF were worth $136,386,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VUG. DecisionPoint Financial LLC lifted its holdings in Vanguard Growth ETF by 116.0% in the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock valued at $26,000 after acquiring an additional 29 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter worth approximately $26,000. Byrne Asset Management LLC grew its stake in shares of Vanguard Growth ETF by 520.0% in the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the last quarter. Team Financial Group LLC raised its holdings in shares of Vanguard Growth ETF by 366.7% in the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after purchasing an additional 55 shares in the last quarter. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $35,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $86.17 on Thursday. The firm has a market cap of $223.06 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm has a 50 day simple moving average of $86.02 and a 200 day simple moving average of $81.04.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.