Vanguard Growth ETF $VUG Stock Position Lowered by Cornerstone Management Inc.

Cornerstone Management Inc. decreased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,607 shares of the company’s stock after selling 25,128 shares during the quarter. Vanguard Growth ETF comprises approximately 26.2% of Cornerstone Management Inc.’s holdings, making the stock its biggest holding. Cornerstone Management Inc. owned approximately 0.08% of Vanguard Growth ETF worth $158,562,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VUG. Kathleen S. Wright Associates Inc. boosted its position in shares of Vanguard Growth ETF by 1.4% in the third quarter. Kathleen S. Wright Associates Inc. now owns 23,620 shares of the company’s stock worth $11,329,000 after buying an additional 318 shares during the period. Pathway Financial Advisors LLC lifted its position in Vanguard Growth ETF by 9.3% during the 3rd quarter. Pathway Financial Advisors LLC now owns 189,782 shares of the company’s stock worth $91,022,000 after acquiring an additional 16,086 shares in the last quarter. FC Advisory LLC boosted its holdings in Vanguard Growth ETF by 1.1% in the 3rd quarter. FC Advisory LLC now owns 39,491 shares of the company’s stock worth $18,940,000 after acquiring an additional 444 shares during the period. Corsicana & Co. acquired a new stake in Vanguard Growth ETF in the third quarter valued at approximately $133,000. Finally, Flputnam Investment Management Co. grew its position in Vanguard Growth ETF by 5.2% in the third quarter. Flputnam Investment Management Co. now owns 6,691 shares of the company’s stock valued at $3,209,000 after acquiring an additional 328 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.4%

VUG opened at $488.59 on Friday. The firm’s 50 day moving average is $486.94 and its 200-day moving average is $465.11. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The firm has a market capitalization of $198.33 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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.