Cypress Point Wealth Management LLC Raises Stock Holdings in Vanguard Growth ETF $VUG

Cypress Point Wealth Management LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 88.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,403 shares of the company’s stock after acquiring an additional 2,070 shares during the quarter. Cypress Point Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,112,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 45,810.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Vanguard Growth ETF by 12.9% during the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after buying an additional 3,694,339 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Growth ETF by 1.8% in the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after acquiring an additional 851,110 shares during the period. Corient Private Wealth LLC boosted its stake in Vanguard Growth ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after acquiring an additional 607,436 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Vanguard Growth ETF by 142.2% during the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after acquiring an additional 424,342 shares during the period.

Vanguard Growth ETF Stock Down 1.8%

Shares of VUG stock opened at $475.56 on Thursday. The firm has a market cap of $193.04 billion, a P/E ratio of 36.22 and a beta of 1.17. The company has a 50 day moving average of $486.66 and a 200-day moving average of $464.17. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38.

Vanguard Growth ETF Company 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.