Principal Financial Group Inc. Has $566,000 Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Principal Financial Group Inc. cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 71.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,525 shares of the company’s stock after selling 3,911 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Growth ETF were worth $566,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Accredited Wealth Management LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth $26,000. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Growth ETF during the first quarter worth $29,000. Prudent Man Investment Management Inc. acquired a new position in Vanguard Growth ETF during the fourth quarter worth $30,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Vanguard Growth ETF during the first quarter worth $36,000. Finally, Putney Financial Group LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth $37,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $448.39 on Monday. The company has a market cap of $180.17 billion, a P/E ratio of 36.22 and a beta of 1.11. The stock’s 50-day moving average is $424.95 and its 200-day moving average is $403.29. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $450.00.

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.