Prestige Wealth Management Group LLC Decreases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Prestige Wealth Management Group LLC reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,728 shares of the company’s stock after selling 409 shares during the quarter. Vanguard Growth ETF accounts for approximately 2.8% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 12th largest holding. Prestige Wealth Management Group LLC’s holdings in Vanguard Growth ETF were worth $8,918,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VUG. Pitcairn Co. acquired a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $490,000. Pekin Hardy Strauss Inc. lifted its stake in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after purchasing an additional 25 shares during the period. Prosperity Financial Group Inc. lifted its stake in shares of Vanguard Growth ETF by 7.0% during the 3rd quarter. Prosperity Financial Group Inc. now owns 1,759 shares of the company’s stock worth $675,000 after purchasing an additional 115 shares during the period. Independent Advisor Alliance boosted its holdings in shares of Vanguard Growth ETF by 2.9% during the third quarter. Independent Advisor Alliance now owns 1,430 shares of the company’s stock worth $549,000 after purchasing an additional 40 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its position in shares of Vanguard Growth ETF by 194.7% in the third quarter. Loomis Sayles & Co. L P now owns 14,595 shares of the company’s stock valued at $5,604,000 after purchasing an additional 9,643 shares during the period.

Vanguard Growth ETF Trading Up 2.3 %

NYSEARCA VUG opened at $389.20 on Tuesday. The business’s 50-day moving average price is $406.65 and its 200 day moving average price is $401.80. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The company has a market capitalization of $385.72 billion, a PE ratio of 35.10 and a beta of 1.14.

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.