GPS Wealth Strategies Group LLC Cuts Stock Holdings in Vanguard Growth ETF $VUG

GPS Wealth Strategies Group LLC lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 4.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 48,919 shares of the company’s stock after selling 2,046 shares during the period. Vanguard Growth ETF makes up about 2.5% of GPS Wealth Strategies Group LLC’s holdings, making the stock its 8th largest position. GPS Wealth Strategies Group LLC’s holdings in Vanguard Growth ETF were worth $23,462,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC raised its holdings 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 worth $4,026,998,000 after buying an additional 9,165,663 shares during the last quarter. Vantagepoint Investment Advisers LLC increased its position in shares of Vanguard Growth ETF by 12,542.9% during the third quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock worth $515,413,000 after acquiring an additional 1,066,150 shares in the last quarter. 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 acquiring an additional 851,110 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Growth ETF by 97.7% in the 2nd 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 during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Vanguard Growth ETF by 142.2% in the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after acquiring an additional 424,342 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG stock opened at $489.63 on Thursday. The business has a 50-day simple moving average of $487.30 and a two-hundred day simple moving average of $476.64. The company has a market capitalization of $204.24 billion, a P/E 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.

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.