Fountainhead AM LLC Has $15.88 Million Holdings in Vanguard Growth ETF $VUG

Fountainhead AM LLC decreased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 9.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 36,222 shares of the company’s stock after selling 3,717 shares during the period. Vanguard Growth ETF comprises about 2.3% of Fountainhead AM LLC’s investment portfolio, making the stock its 13th biggest holding. Fountainhead AM LLC’s holdings in Vanguard Growth ETF were worth $15,880,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VUG. Rosenberg Matthew Hamilton boosted its position in shares of Vanguard Growth ETF by 21.8% in the second quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock worth $54,000 after buying an additional 22 shares during the period. Wells Trecaso Financial Group LLC boosted its position in Vanguard Growth ETF by 2.7% during the 2nd quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock worth $388,000 after acquiring an additional 23 shares during the period. Claro Advisors LLC grew its stake in Vanguard Growth ETF by 0.9% during the 2nd quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock valued at $1,197,000 after acquiring an additional 24 shares in the last quarter. K2 Financial Inc. increased its holdings in shares of Vanguard Growth ETF by 0.5% in the 2nd quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after purchasing an additional 25 shares during the period. Finally, Crestwood Advisors Group LLC increased its holdings in shares of Vanguard Growth ETF by 0.5% in the 1st quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock valued at $1,935,000 after purchasing an additional 26 shares during the period.

Vanguard Growth ETF Stock Performance

VUG stock opened at $484.48 on Monday. The firm has a 50 day simple moving average of $480.04 and a 200 day simple moving average of $447.31. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The stock has a market cap of $196.66 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.