Institute for Wealth Management LLC. Sells 1,483 Shares of Vanguard Growth ETF $VUG

Institute for Wealth Management LLC. cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 16.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,710 shares of the company’s stock after selling 1,483 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Growth ETF were worth $3,698,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Rosenberg Matthew Hamilton grew its stake in Vanguard Growth ETF by 21.8% during the second quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock valued at $54,000 after acquiring an additional 22 shares in the last quarter. Acas LLC boosted its holdings in Vanguard Growth ETF by 0.5% in the 2nd quarter. Acas LLC now owns 4,414 shares of the company’s stock valued at $2,043,000 after purchasing an additional 22 shares during the period. Wells Trecaso Financial Group LLC boosted its holdings in Vanguard Growth ETF by 2.7% in the 2nd quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock valued at $388,000 after purchasing an additional 23 shares during the period. Proathlete Wealth Management LLC grew its position in shares of Vanguard Growth ETF by 6.4% during the 3rd quarter. Proathlete Wealth Management LLC now owns 385 shares of the company’s stock valued at $185,000 after purchasing an additional 23 shares in the last quarter. Finally, Claro Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 0.9% in the second quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock worth $1,197,000 after purchasing an additional 24 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $495.06 on Monday. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The company has a market capitalization of $200.95 billion, a PE ratio of 36.22 and a beta of 1.17. The business’s fifty day moving average is $488.57 and its 200 day moving average is $467.96.

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. 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.