Cornerstone Wealth Group LLC Raises Stock Position in Vanguard Growth ETF $VUG

Cornerstone Wealth Group LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 570.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 112,511 shares of the company’s stock after purchasing an additional 95,732 shares during the period. Vanguard Growth ETF accounts for approximately 3.1% of Cornerstone Wealth Group LLC’s holdings, making the stock its 4th biggest position. Cornerstone Wealth Group LLC’s holdings in Vanguard Growth ETF were worth $49,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VUG. Brighton Jones LLC raised its holdings in shares of Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after buying an additional 870 shares during the last quarter. Jump Financial LLC bought a new position in Vanguard Growth ETF in the 2nd quarter worth approximately $1,859,000. Gamco Investors INC. ET AL acquired a new stake in Vanguard Growth ETF in the 2nd quarter valued at approximately $320,000. Alliancebernstein L.P. increased its position in Vanguard Growth ETF by 142.2% in the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after acquiring an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC raised its stake in Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after acquiring an additional 158 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $82.76 on Friday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a fifty day moving average of $85.79 and a two-hundred day moving average of $80.97. The firm has a market capitalization of $35.16 billion, a PE ratio of 36.22 and a beta of 1.22.

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. 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.