Waterfront Wealth Inc. Increases Position in Vanguard Growth ETF $VUG

Waterfront Wealth Inc. lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,482 shares of the company’s stock after acquiring an additional 71 shares during the quarter. Waterfront Wealth Inc.’s holdings in Vanguard Growth ETF were worth $1,088,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in Vanguard Growth ETF by 12.9% in the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Growth ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock valued at $3,562,911,000 after buying an additional 79,107 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Growth ETF by 9.3% in the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after buying an additional 330,550 shares during the period. TIAA Trust National Association raised its holdings in shares of Vanguard Growth ETF by 0.5% during the first quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after acquiring an additional 17,656 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 3.4% during the first quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock worth $1,237,228,000 after acquiring an additional 109,654 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $502.07 on Wednesday. The business’s 50-day simple moving average is $474.14 and its 200-day simple moving average is $438.84. The firm has a market capitalization of $203.80 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $503.74.

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.