Bay Harbor Wealth Management LLC Sells 4,755 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Bay Harbor Wealth Management LLC trimmed its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.2% in the third quarter, Holdings Channel.com reports. The firm owned 53,312 shares of the company’s stock after selling 4,755 shares during the period. Vanguard Growth ETF comprises approximately 6.7% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Bay Harbor Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $20,468,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its stake in Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after acquiring an additional 5,528,660 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard Growth ETF during the second quarter worth about $270,138,000. Axiom Advisory LLC grew its stake in Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares in the last quarter. Cetera Investment Advisers increased its holdings in Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock valued at $356,673,000 after buying an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. bought a new position in Vanguard Growth ETF during the 2nd quarter worth approximately $181,622,000.

Vanguard Growth ETF Trading Up 0.5 %

Shares of NYSEARCA VUG opened at $392.47 on Friday. The business has a 50 day simple moving average of $379.36 and a 200-day simple moving average of $365.70. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $395.98. The company has a market capitalization of $135.20 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF 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.