Connect with us

Business

Farmers Trust Co. Reduces Stake in Vanguard Growth ETF by 1.2%

Editorial

Published

on

Farmers Trust Co. has decreased its holdings in the Vanguard Growth ETF (NYSEARCA: VUG) by 1.2%, as indicated in its recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 2,847 shares of the fund after selling 36 shares during the second quarter. As of the latest filing, these holdings are valued at approximately $1,248,000.

Other institutional investors have also engaged in trading shares of Vanguard Growth ETF. For instance, Smallwood Wealth Investment Management LLC acquired a new stake valued at $29,000 during the first quarter. Similarly, Allianz SE made an investment of $29,000, while Hager Investment Management Services LLC and Costello Asset Management INC each purchased stakes worth $31,000. Additionally, Barnes Dennig Private Wealth Management LLC invested $36,000 in the same period.

Current Performance of Vanguard Growth ETF

On Tuesday, Vanguard Growth ETF opened at $484.08. The fund has experienced significant fluctuations over the past year, with a low of $316.14 and a high of $484.21. The total market capitalization of the ETF stands at approximately $193.71 billion, complemented by a price-to-earnings ratio of 36.22 and a beta of 1.11. The fifty-day moving average price is $459.55, while the two-hundred-day moving average is $418.10.

Understanding Vanguard Growth ETF

The Vanguard Growth ETF, previously known as the Vanguard Growth Index Fund, utilizes a passive management investment strategy to align with the performance of the MSCI US Prime Market Growth Index. This index comprises a diversified selection of growth stocks from large companies in the United States.

For those interested in tracking further developments regarding Vanguard Growth ETF, resources such as HoldingsChannel.com provide up-to-date 13F filings and insider trading information. Additionally, MarketBeat.com offers a daily summary of news and analyst ratings related to Vanguard Growth ETF and associated companies, ensuring that investors remain informed.

Our Editorial team doesn’t just report the news—we live it. Backed by years of frontline experience, we hunt down the facts, verify them to the letter, and deliver the stories that shape our world. Fueled by integrity and a keen eye for nuance, we tackle politics, culture, and technology with incisive analysis. When the headlines change by the minute, you can count on us to cut through the noise and serve you clarity on a silver platter.

Continue Reading

Trending

Copyright © All rights reserved. This website offers general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information provided. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult relevant experts when necessary. We are not responsible for any loss or inconvenience resulting from the use of the information on this site.