Vanguard Growth ETF $VUG Stock Sold by Tower View Wealth Management LLC

Tower View Wealth Management LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,129 shares of the company’s stock after selling 6,581 shares during the period. Vanguard Growth ETF accounts for about 3.9% of Tower View Wealth Management LLC’s holdings, making the stock its 6th largest holding. Tower View Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $9,113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VUG. Jones Financial Companies Lllp raised its stake in Vanguard Growth ETF by 458.6% during the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Growth ETF by 573.4% in the second quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock worth $5,043,716,000 after acquiring an additional 49,861,056 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in Vanguard Growth ETF by 539.0% in the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after acquiring an additional 19,678,907 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Growth ETF by 513.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock worth $937,908,000 after acquiring an additional 9,112,231 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Vanguard Growth ETF by 505.8% in the second quarter. HighTower Advisors LLC now owns 9,627,196 shares of the company’s stock worth $829,287,000 after acquiring an additional 8,038,008 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $86.76 on Monday. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $93.00. The stock’s fifty day moving average price is $89.10 and its 200-day moving average price is $86.70. The stock has a market cap of $224.30 billion, a P/E 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.