Jennison Associates LLC Sells 2,633 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Jennison Associates LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 65.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,384 shares of the company’s stock after selling 2,633 shares during the quarter. Jennison Associates LLC’s holdings in Vanguard Growth ETF were worth $430,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Merit Financial Group LLC increased its stake in shares of Vanguard Growth ETF by 1.8% during the third quarter. Merit Financial Group LLC now owns 682,363 shares of the company’s stock valued at $185,814,000 after buying an additional 12,224 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Growth ETF by 14.9% during the third quarter. JPMorgan Chase & Co. now owns 801,455 shares of the company’s stock valued at $218,244,000 after buying an additional 103,829 shares during the period. Kingswood Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $723,000. Northstar Asset Management LLC increased its stake in shares of Vanguard Growth ETF by 1.9% during the third quarter. Northstar Asset Management LLC now owns 24,660 shares of the company’s stock valued at $6,715,000 after buying an additional 455 shares during the period. Finally, Everett Harris & Co. CA grew its stake in Vanguard Growth ETF by 0.8% in the fourth quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock valued at $17,668,000 after purchasing an additional 466 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $335.18 on Monday. The business’s 50-day moving average is $338.87 and its two-hundred day moving average is $315.49. Vanguard Growth ETF has a 1 year low of $246.26 and a 1 year high of $348.88. The firm has a market capitalization of $115.47 billion, a PE ratio of 40.31 and a beta of 1.24.

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.