Vanguard Growth ETF $VUG is Cranbrook Wealth Management LLC’s 7th Largest Position

Cranbrook Wealth Management LLC lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 5.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,026 shares of the company’s stock after selling 1,520 shares during the period. Vanguard Growth ETF makes up approximately 2.7% of Cranbrook Wealth Management LLC’s portfolio, making the stock its 7th biggest holding. Cranbrook Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $13,441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after purchasing an additional 870 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard Growth ETF by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 178,670 shares of the company’s stock worth $66,254,000 after purchasing an additional 9,412 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Growth ETF by 51.1% in the 1st quarter. Russell Investments Group Ltd. now owns 2,168 shares of the company’s stock worth $804,000 after buying an additional 733 shares during the last quarter. American Century Companies Inc. bought a new position in Vanguard Growth ETF during the first quarter valued at about $3,728,000. Finally, Northern Trust Corp increased its holdings in Vanguard Growth ETF by 2.4% during the first quarter. Northern Trust Corp now owns 168,821 shares of the company’s stock worth $62,602,000 after buying an additional 3,934 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $490.60 on Tuesday. The firm has a market cap of $199.14 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The firm’s 50-day simple moving average is $487.16 and its two-hundred day simple moving average is $465.94.

About Vanguard Growth ETF

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.