49 Wealth Management LLC Cuts Holdings in Vanguard Growth ETF $VUG

49 Wealth Management LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 15.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 807 shares of the company’s stock after selling 144 shares during the quarter. 49 Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp increased its holdings in shares of 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 valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of Vanguard Growth ETF by 20,581.9% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 832,862 shares of the company’s stock valued at $308,842,000 after buying an additional 828,835 shares in the last quarter. Wealthspire Advisors LLC grew its stake in shares of Vanguard Growth ETF by 101.4% during the 1st quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock worth $340,990,000 after purchasing an additional 463,025 shares during the period. Merit Financial Group LLC increased its holdings in Vanguard Growth ETF by 73.9% in the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after buying an additional 347,412 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Vanguard Growth ETF by 9.3% during the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after acquiring an additional 330,550 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $484.48 on Monday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The business has a 50 day moving average price of $480.04 and a 200 day moving average price of $447.31. The company has a market capitalization of $196.66 billion, a P/E ratio of 36.22 and a beta of 1.17.

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.