Vanguard Growth ETF $VUG Stock Position Decreased by Destination Wealth Management

Destination Wealth Management trimmed its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 146,185 shares of the company’s stock after selling 2,513 shares during the quarter. Vanguard Growth ETF makes up about 1.9% of Destination Wealth Management’s investment portfolio, making the stock its 15th largest holding. Destination Wealth Management’s holdings in Vanguard Growth ETF were worth $70,112,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC raised its position in 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 valued at $4,026,998,000 after acquiring an additional 9,165,663 shares in the last quarter. Vantagepoint Investment Advisers LLC lifted its stake in Vanguard Growth ETF by 12,542.9% in the third quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock valued at $515,413,000 after acquiring an additional 1,066,150 shares during the last quarter. Bank of America Corp DE grew 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 in the last quarter. Corient Private Wealth LLC grew its position 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 worth $538,790,000 after acquiring an additional 607,436 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake 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 worth $316,894,000 after purchasing an additional 424,342 shares during the last quarter.

Vanguard Growth ETF Trading Down 1.1%

Vanguard Growth ETF stock opened at $450.21 on Monday. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The firm’s fifty day simple moving average is $472.69 and its 200-day simple moving average is $479.22. The company has a market capitalization of $187.80 billion, a P/E ratio of 36.22 and a beta of 1.17.

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. 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.