Checchi Capital Advisers LLC Reduces Stock Position in Vanguard Growth ETF $VUG

Checchi Capital Advisers LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 93.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,568 shares of the company’s stock after selling 122,892 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Vanguard Growth ETF were worth $3,742,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Integrated Capital Management LLC grew its position in Vanguard Growth ETF by 1.9% during the first quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after buying an additional 21 shares during the period. Capital Asset Advisory Services LLC increased its stake in Vanguard Growth ETF by 1.4% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,630 shares of the company’s stock worth $799,000 after buying an additional 22 shares in the last quarter. Ridgecrest Wealth Partners LLC grew its position in shares of Vanguard Growth ETF by 3.1% during the fourth quarter. Ridgecrest Wealth Partners LLC now owns 739 shares of the company’s stock worth $361,000 after purchasing an additional 22 shares in the last quarter. Prepared Retirement Institute LLC grew its holdings in Vanguard Growth ETF by 0.6% during the 4th quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock valued at $1,824,000 after buying an additional 22 shares in the last quarter. Finally, Waterloo Capital L.P. grew its stake in Vanguard Growth ETF by 2.7% during the fourth quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock valued at $402,000 after acquiring an additional 22 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.9%

Shares of VUG stock opened at $86.96 on Wednesday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The stock’s 50-day moving average price is $86.64 and its 200-day moving average price is $81.37. The stock has a market capitalization of $224.95 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.