Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,197,699 shares of the company’s stock after selling 77,246 shares during the quarter. Vanguard Growth ETF accounts for about 1.1% of Envestnet Asset Management Inc.’s portfolio, making the stock its 11th largest holding. Envestnet Asset Management Inc.’s holdings in Vanguard Growth ETF were worth $3,364,664,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in VUG. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Growth ETF by 23.5% during the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after purchasing an additional 5,429,720 shares during the last quarter. Strategic Financial Concepts LLC grew its position in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after buying an additional 142,346 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Growth ETF by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock valued at $1,639,116,000 after buying an additional 529,565 shares during the period. Finally, EP Wealth Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 6.5% in the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after buying an additional 194,506 shares during the last quarter.

Vanguard Growth ETF Trading Down 6.1 %

Vanguard Growth ETF stock opened at $334.02 on Friday. The firm has a market cap of $331.03 billion, a PE ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11. The stock’s 50 day simple moving average is $398.35 and its two-hundred day simple moving average is $401.52.

Vanguard Growth ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, March 27th. This is a positive change from Vanguard Growth ETF’s previous dividend of $0.46.

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.