Allspring Global Investments Holdings LLC Sells 50,669 Shares of Vanguard Growth ETF $VUG

Allspring Global Investments Holdings LLC cut its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 98.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 583 shares of the company’s stock after selling 50,669 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vanguard Growth ETF were worth $254,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after buying an additional 330,550 shares during the period. TIAA Trust National Association grew its position in shares of Vanguard Growth ETF by 0.5% in the 1st quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after buying an additional 17,656 shares during the period. EP Wealth Advisors LLC grew its position in shares of Vanguard Growth ETF by 3.4% in the 1st quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock worth $1,237,228,000 after buying an additional 109,654 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of Vanguard Growth ETF by 11.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,637,078 shares of the company’s stock worth $977,881,000 after buying an additional 271,661 shares during the period.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $489.62 on Friday. The firm’s 50-day moving average price is $472.48 and its 200-day moving average price is $436.41. The company has a market capitalization of $198.75 billion, a PE ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $491.05.

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.