Franklin Resources Inc. Lowers Position in Vanguard Growth ETF (NYSEARCA:VUG)

Franklin Resources Inc. decreased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,258 shares of the company’s stock after selling 1,410 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Growth ETF were worth $33,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VUG. New Millennium Group LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Teachers Insurance & Annuity Association of America purchased a new stake in Vanguard Growth ETF during the third quarter valued at about $35,000. Rosenberg Matthew Hamilton lifted its stake in Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after purchasing an additional 84 shares during the last quarter. SYM FINANCIAL Corp boosted its holdings in shares of Vanguard Growth ETF by 37.9% in the 2nd quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after purchasing an additional 33 shares in the last quarter. Finally, Transcendent Capital Group LLC increased its position in shares of Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after purchasing an additional 101 shares during the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $412.57 on Thursday. The company has a market capitalization of $142.13 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The business has a 50 day moving average of $403.63 and a 200 day moving average of $383.17. Vanguard Growth ETF has a 1-year low of $300.28 and a 1-year high of $428.69.

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.