Archer Investment Corp Trims Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Archer Investment Corp lowered its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,270 shares of the company’s stock after selling 71 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Growth ETF were worth $706,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VUG. High Note Wealth LLC grew its holdings in shares of Vanguard Growth ETF by 4.1% in the 4th quarter. High Note Wealth LLC now owns 863 shares of the company’s stock worth $268,000 after acquiring an additional 34 shares during the period. Interchange Capital Partners LLC grew its holdings in shares of Vanguard Growth ETF by 1.5% in the 4th quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock worth $744,000 after acquiring an additional 35 shares during the period. First Bancorp Inc ME grew its holdings in shares of Vanguard Growth ETF by 1.8% in the 4th quarter. First Bancorp Inc ME now owns 1,951 shares of the company’s stock worth $607,000 after acquiring an additional 35 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in shares of Vanguard Growth ETF by 5.3% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 737 shares of the company’s stock worth $201,000 after acquiring an additional 37 shares during the period. Finally, Credit Suisse AG grew its holdings in shares of Vanguard Growth ETF by 0.5% in the 2nd quarter. Credit Suisse AG now owns 7,836 shares of the company’s stock worth $2,217,000 after acquiring an additional 38 shares during the period.

Vanguard Growth ETF Stock Down 0.9 %

Shares of VUG traded down $3.06 on Wednesday, reaching $332.02. The stock had a trading volume of 605,778 shares, compared to its average volume of 1,055,604. The firm has a market capitalization of $114.38 billion, a PE ratio of 40.31 and a beta of 1.24. The firm has a 50-day moving average of $339.67 and a 200 day moving average of $312.50. Vanguard Growth ETF has a twelve month low of $242.98 and a twelve month high of $348.88.

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.