Kennicott Capital Management LLC Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Kennicott Capital Management LLC cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,045 shares of the company’s stock after selling 519 shares during the period. Vanguard Growth ETF makes up 8.4% of Kennicott Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Kennicott Capital Management LLC’s holdings in Vanguard Growth ETF were worth $16,436,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of VUG. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth $28,000. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF in the 3rd quarter worth $35,000. Rosenberg Matthew Hamilton raised its holdings in Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares during the period. Transcendent Capital Group LLC lifted its position in Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock worth $48,000 after acquiring an additional 101 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Vanguard Growth ETF during the third quarter valued at about $48,000.

Vanguard Growth ETF Stock Up 1.3 %

VUG opened at $415.91 on Friday. Vanguard Growth ETF has a 12-month low of $312.19 and a 12-month high of $428.69. The firm has a market capitalization of $143.28 billion, a P/E ratio of 39.58 and a beta of 1.26. The stock’s 50 day moving average price is $413.64 and its two-hundred day moving average price is $390.03.

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.