Vanguard Growth ETF $VUG Position Decreased by Apex Wealth Management LLC

Apex Wealth Management LLC cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 7.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 15,034 shares of the company’s stock after selling 1,279 shares during the period. Vanguard Growth ETF comprises about 5.3% of Apex Wealth Management LLC’s holdings, making the stock its 6th biggest position. Apex Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $6,591,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Liberty Wealth Management LLC lifted 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 worth $25,621,000 after purchasing an additional 63,481 shares in the last quarter. Fountainhead AM LLC grew its holdings in Vanguard Growth ETF by 13.2% during the 1st quarter. Fountainhead AM LLC now owns 39,939 shares of the company’s stock valued at $14,810,000 after buying an additional 4,651 shares in the last quarter. Fund Evaluation Group LLC bought a new stake in shares of Vanguard Growth ETF during the second quarter valued at about $5,594,000. Spectrum Wealth Counsel LLC increased its position in shares of Vanguard Growth ETF by 2.7% during the first quarter. Spectrum Wealth Counsel LLC now owns 12,003 shares of the company’s stock valued at $4,451,000 after buying an additional 320 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the second quarter worth about $1,092,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $494.90 on Wednesday. The company’s 50 day simple moving average is $481.58 and its two-hundred day simple moving average is $449.03. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The stock has a market capitalization of $200.89 billion, a PE ratio of 36.22 and a beta of 1.17.

About Vanguard Growth ETF

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.