Valmark Advisers Inc. Reduces Stock Position in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG)

Valmark Advisers Inc. lowered its stake in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,470 shares of the company’s stock after selling 116 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard S&P 500 Growth ETF were worth $3,918,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VOOG. CWM LLC boosted its holdings in Vanguard S&P 500 Growth ETF by 89.5% in the third quarter. CWM LLC now owns 1,177 shares of the company’s stock worth $291,000 after purchasing an additional 556 shares during the last quarter. IFP Advisors Inc boosted its holdings in Vanguard S&P 500 Growth ETF by 106.4% in the 3rd quarter. IFP Advisors Inc now owns 518 shares of the company’s stock worth $128,000 after buying an additional 267 shares during the period. Simplicity Solutions LLC boosted its holdings in Vanguard S&P 500 Growth ETF by 45.5% in the 3rd quarter. Simplicity Solutions LLC now owns 6,456 shares of the company’s stock worth $1,594,000 after buying an additional 2,019 shares during the period. Global Wealth Strategies & Associates purchased a new stake in Vanguard S&P 500 Growth ETF in the 3rd quarter worth $43,000. Finally, Brookstone Capital Management lifted its stake in Vanguard S&P 500 Growth ETF by 13.7% in the 3rd quarter. Brookstone Capital Management now owns 7,850 shares of the company’s stock worth $1,946,000 after purchasing an additional 948 shares in the last quarter.

Vanguard S&P 500 Growth ETF Stock Up 1.7 %

VOOG stock traded up $5.05 during mid-day trading on Friday, hitting $297.56. The company had a trading volume of 116,564 shares, compared to its average volume of 136,193. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 28.40 and a beta of 1.10. Vanguard S&P 500 Growth ETF has a 12-month low of $227.92 and a 12-month high of $308.84. The company has a 50-day moving average price of $299.33 and a 200 day moving average price of $277.48.

Vanguard S&P 500 Growth ETF Profile

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.