Bay Harbor Wealth Management LLC Has $20.93 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Bay Harbor Wealth Management LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,999 shares of the company’s stock after selling 2,313 shares during the quarter. Vanguard Growth ETF accounts for about 6.8% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 4th largest position. Bay Harbor Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $20,932,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Jennison Associates LLC grew its position in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares during the last quarter. First City Capital Management Inc. boosted its holdings in Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares during the last quarter. Creative Planning increased its position in Vanguard Growth ETF by 1.4% during the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after purchasing an additional 3,749 shares during the period. Worth Asset Management LLC raised its holdings in Vanguard Growth ETF by 831.2% during the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Finally, NCM Capital Management LLC lifted its position in shares of Vanguard Growth ETF by 13.2% in the 3rd quarter. NCM Capital Management LLC now owns 13,611 shares of the company’s stock worth $5,226,000 after purchasing an additional 1,582 shares during the period.

Vanguard Growth ETF Trading Up 0.5 %

Shares of VUG opened at $416.38 on Tuesday. The firm’s fifty day simple moving average is $416.78 and its two-hundred day simple moving average is $392.57. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $428.69. The stock has a market capitalization of $143.44 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.