RKL Wealth Management LLC Has $1.06 Million Stock Position in Vanguard Growth ETF $VUG

RKL Wealth Management LLC trimmed its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,421 shares of the company’s stock after selling 38 shares during the period. RKL Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VUG. Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF in the 2nd quarter worth about $31,000. Allianz SE purchased a new stake in Vanguard Growth ETF in the 1st quarter worth about $29,000. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth about $29,000. Costello Asset Management INC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth about $31,000. Finally, Hager Investment Management Services LLC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth about $31,000.

Vanguard Growth ETF Trading Up 0.5%

Shares of Vanguard Growth ETF stock opened at $481.86 on Thursday. The stock has a 50-day moving average price of $463.80 and a 200 day moving average price of $422.52. The company has a market cap of $192.82 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $484.21.

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.