Global Wealth Management LLC Has $388,000 Stock Holdings in Vanguard Growth ETF $VUG

Global Wealth Management LLC lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 17.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 874 shares of the company’s stock after selling 189 shares during the period. Vanguard Growth ETF makes up 0.2% of Global Wealth Management LLC’s portfolio, making the stock its 24th biggest position. Global Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $388,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares during the last quarter. Millennium Management LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $292,000. Squarepoint Ops LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $1,409,000. Toronto Dominion Bank bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $44,000. Finally, Menard Financial Group LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $85,000.

Vanguard Growth ETF Trading Down 0.4%

Shares of Vanguard Growth ETF stock opened at $476.91 on Thursday. The stock has a market capitalization of $190.84 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $484.21. The firm’s 50-day moving average price is $460.88 and its two-hundred day moving average price is $418.92.

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.