Vanguard Growth ETF $VUG Shares Sold by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 19.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,593 shares of the company’s stock after selling 5,759 shares during the period. Vanguard Growth ETF accounts for about 1.0% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 21st largest holding. N.E.W. Advisory Services LLC’s holdings in Vanguard Growth ETF were worth $10,781,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Vanguard Growth ETF by 1.8% during 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 purchasing an additional 851,110 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 45,810.0% during the second 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 in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Growth ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after buying an additional 79,107 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Vanguard Growth ETF by 0.4% in the second quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock valued at $1,705,829,000 after buying an additional 16,250 shares during the last quarter.

Vanguard Growth ETF Trading Down 1.6%

NYSEARCA:VUG opened at $485.26 on Friday. The company has a market cap of $196.98 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The company’s 50-day moving average price is $486.90 and its 200-day moving average price is $462.73.

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.