Cherry Tree Wealth Management LLC Trims Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Cherry Tree Wealth Management LLC trimmed its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,019 shares of the company’s stock after selling 300 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,249,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $27,000. ARK Investment Management LLC increased its stake in shares of Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares in the last quarter. Arvest Investments Inc. acquired a new position in Vanguard Growth ETF in the 4th quarter worth about $30,000. Financiere des Professionnels Fonds d investissement inc. purchased a new position in Vanguard Growth ETF during the third quarter worth approximately $27,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter worth approximately $35,000.

Vanguard Growth ETF Stock Down 0.2 %

Shares of VUG stock traded down $0.59 during trading hours on Wednesday, hitting $342.80. 612,870 shares of the company’s stock were exchanged, compared to its average volume of 1,034,487. Vanguard Growth ETF has a fifty-two week low of $251.48 and a fifty-two week high of $348.88. The firm has a market cap of $118.09 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm has a 50 day moving average of $339.01 and a two-hundred day moving average of $318.40.

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.