Melfa Wealth Management Inc. Sells 100 Shares of Vanguard Growth ETF $VUG

Melfa Wealth Management Inc. lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 12.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 725 shares of the company’s stock after selling 100 shares during the quarter. Melfa Wealth Management Inc.’s holdings in Vanguard Growth ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Cornerstone Wealth Advisors Inc. boosted its stake in Vanguard Growth ETF by 5.3% in the 2nd quarter. Cornerstone Wealth Advisors Inc. now owns 98,550 shares of the company’s stock worth $43,204,000 after purchasing an additional 5,004 shares during the period. Eclectic Associates Inc. ADV boosted its position in shares of Vanguard Growth ETF by 10.1% during the 2nd quarter. Eclectic Associates Inc. ADV now owns 10,021 shares of the company’s stock valued at $4,393,000 after acquiring an additional 923 shares during the last quarter. Legacy Wealth Management Inc bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $674,000. K2 Financial Inc. boosted its position in shares of Vanguard Growth ETF by 0.5% during the 2nd quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after acquiring an additional 25 shares during the last quarter. Finally, HCR Wealth Advisors boosted its position in shares of Vanguard Growth ETF by 2.7% during the 2nd quarter. HCR Wealth Advisors now owns 213,320 shares of the company’s stock valued at $93,520,000 after acquiring an additional 5,699 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.3%

Shares of VUG opened at $478.05 on Tuesday. The company has a market cap of $191.30 billion, a PE ratio of 36.22 and a beta of 1.11. The stock has a 50-day moving average price of $462.53 and a 200-day moving average price of $421.70. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $484.21.

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.