MCF Advisors LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 30,095 shares of the company’s stock after selling 843 shares during the period. Vanguard Growth ETF accounts for approximately 0.8% of MCF Advisors LLC’s holdings, making the stock its 21st largest holding. MCF Advisors LLC’s holdings in Vanguard Growth ETF were worth $4,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also made changes to their positions in the company. Brand Asset Management Group Inc. increased its position in shares of Vanguard Growth ETF by 56.4% during the first quarter. Brand Asset Management Group Inc. now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 92 shares in the last quarter. Ascent Wealth Partners LLC purchased a new stake in shares of Vanguard Growth ETF during the first quarter worth approximately $33,000. Ibex Wealth Advisors purchased a new stake in shares of Vanguard Growth ETF during the second quarter worth approximately $36,000. Putnam FL Investment Management Co. purchased a new stake in shares of Vanguard Growth ETF during the second quarter worth approximately $49,000. Finally, First Financial Corp IN purchased a new stake in shares of Vanguard Growth ETF during the second quarter worth approximately $51,000.
Shares of VUG traded down $0.22 during trading hours on Thursday, hitting $166.34. 15,951 shares of the stock were exchanged, compared to its average volume of 794,935. Vanguard Growth ETF has a 12-month low of $124.85 and a 12-month high of $170.42. The stock’s 50-day moving average price is $166.32 and its two-hundred day moving average price is $159.50.
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.
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