Droms Strauss Advisors Inc. MO ADV cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 10.9% in the 3rd quarter, Holdings Channel reports. The firm owned 11,866 shares of the company’s stock after selling 1,459 shares during the quarter. Vanguard Growth ETF comprises approximately 1.6% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 10th biggest position. Droms Strauss Advisors Inc. MO ADV’s holdings in Vanguard Growth ETF were worth $5,691,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in VUG. Bank of America Corp DE lifted its stake 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 valued at $21,651,256,000 after buying an additional 851,110 shares during the last quarter. Jones Financial Companies Lllp grew its position in Vanguard Growth ETF by 0.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 35,215,110 shares of the company’s stock worth $16,777,922,000 after purchasing an additional 156,187 shares during the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 45,810.0% in the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after purchasing an additional 9,165,663 shares during the period. Envestnet Asset Management Inc. raised 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 valued at $3,562,911,000 after buying an additional 79,107 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Vanguard Growth ETF by 0.4% during the second quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock worth $1,705,829,000 after buying an additional 16,250 shares during the period.
Vanguard Growth ETF Price Performance
VUG opened at $482.82 on Tuesday. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The stock has a market cap of $201.40 billion, a P/E ratio of 36.22 and a beta of 1.17. The stock’s 50 day moving average price is $488.03 and its 200 day moving average price is $477.67.
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.
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