Prestige Wealth Management Group LLC Trims Position in Vanguard Growth ETF (NYSEARCA:VUG)

Prestige Wealth Management Group LLC lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,137 shares of the company’s stock after selling 885 shares during the quarter. Vanguard Growth ETF makes up 1.8% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 12th biggest position. Prestige Wealth Management Group LLC’s holdings in Vanguard Growth ETF were worth $8,499,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VUG. New Millennium Group LLC bought a new stake in Vanguard Growth ETF during the 2nd quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $34,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of Vanguard Growth ETF during the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton grew its stake in Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after purchasing an additional 84 shares during the period. Finally, SYM FINANCIAL Corp raised its holdings in Vanguard Growth ETF by 37.9% in the second quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after purchasing an additional 33 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.7 %

Shares of VUG stock opened at $420.34 on Tuesday. The company’s fifty day moving average price is $397.83 and its 200-day moving average price is $379.98. The stock has a market cap of $144.80 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12 month low of $299.77 and a 12 month high of $423.85.

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.