Mutual Advisors LLC Reduces Stock Position in Vanguard Growth ETF $VUG

Mutual Advisors LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 32,618 shares of the company’s stock after selling 484 shares during the quarter. Mutual Advisors LLC’s holdings in Vanguard Growth ETF were worth $14,816,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Liberty Wealth Management LLC raised its holdings in Vanguard Growth ETF by 1,131.2% during the 1st quarter. Liberty Wealth Management LLC now owns 69,093 shares of the company’s stock valued at $25,621,000 after buying an additional 63,481 shares during the period. Partners in Financial Planning increased its position in Vanguard Growth ETF by 0.7% during the first quarter. Partners in Financial Planning now owns 144,647 shares of the company’s stock valued at $53,638,000 after acquiring an additional 1,045 shares during the last quarter. Fountainhead AM LLC raised its stake in shares of Vanguard Growth ETF by 13.2% in the first quarter. Fountainhead AM LLC now owns 39,939 shares of the company’s stock valued at $14,810,000 after acquiring an additional 4,651 shares during the period. Jaffetilchin Investment Partners LLC lifted its holdings in shares of Vanguard Growth ETF by 45.0% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 3,676 shares of the company’s stock worth $1,363,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Spectrum Wealth Counsel LLC lifted its holdings in shares of Vanguard Growth ETF by 2.7% in the 1st quarter. Spectrum Wealth Counsel LLC now owns 12,003 shares of the company’s stock worth $4,451,000 after acquiring an additional 320 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.8%

Shares of NYSEARCA:VUG opened at $475.89 on Wednesday. The company has a market capitalization of $193.17 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $488.51. The firm’s 50-day moving average is $468.94 and its 200 day moving average is $429.10.

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.