MAI Capital Management Trims Position in Vanguard Growth ETF $VUG

MAI Capital Management decreased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% in the second quarter, HoldingsChannel.com reports. The fund owned 103,358 shares of the company’s stock after selling 145 shares during the period. MAI Capital Management’s holdings in Vanguard Growth ETF were worth $45,312,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its stake in shares of Vanguard Growth ETF by 21.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock valued at $54,000 after purchasing an additional 22 shares in the last quarter. Wells Trecaso Financial Group LLC boosted its position in Vanguard Growth ETF by 2.7% during the 2nd quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock valued at $388,000 after acquiring an additional 23 shares in the last quarter. Claro Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 0.9% during the 2nd quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock worth $1,197,000 after acquiring an additional 24 shares during the period. K2 Financial Inc. raised its position in shares of Vanguard Growth ETF by 0.5% in the 2nd quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock worth $2,461,000 after acquiring an additional 25 shares in the last quarter. Finally, Balanced Rock Investment Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 1.4% in the 1st quarter. Balanced Rock Investment Advisors LLC now owns 1,893 shares of the company’s stock valued at $702,000 after purchasing an additional 26 shares during the period.

Vanguard Growth ETF Stock Down 2.0%

Shares of VUG stock opened at $467.00 on Friday. The business’s fifty day moving average is $483.57 and its 200 day moving average is $452.86. The stock has a market cap of $189.56 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38.

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.