Cornerstone Wealth Group LLC Takes $6 Million Position in Vanguard Growth ETF $VUG

Cornerstone Wealth Group LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,689 shares of the company’s stock, valued at approximately $6,001,000.

Several other hedge funds have also modified their holdings of the stock. NorthRock Partners LLC grew its stake in shares of Vanguard Growth ETF by 1.5% during the second quarter. NorthRock Partners LLC now owns 10,571 shares of the company’s stock valued at $4,635,000 after purchasing an additional 152 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Vanguard Growth ETF by 6.1% during the second quarter. Verdence Capital Advisors LLC now owns 22,924 shares of the company’s stock valued at $10,050,000 after purchasing an additional 1,328 shares during the last quarter. Endowment Wealth Management Inc. lifted its holdings in Vanguard Growth ETF by 6.9% in the second quarter. Endowment Wealth Management Inc. now owns 2,686 shares of the company’s stock valued at $1,178,000 after buying an additional 174 shares during the period. RoundAngle Advisors LLC lifted its holdings in Vanguard Growth ETF by 2.7% in the second quarter. RoundAngle Advisors LLC now owns 5,562 shares of the company’s stock valued at $2,438,000 after buying an additional 144 shares during the period. Finally, Concord Wealth Partners lifted its holdings in Vanguard Growth ETF by 44.2% in the second quarter. Concord Wealth Partners now owns 150 shares of the company’s stock valued at $66,000 after buying an additional 46 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $479.63 on Tuesday. The company’s 50 day simple moving average is $468.41 and its 200 day simple moving average is $428.78. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $488.51. The firm has a market capitalization of $194.69 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.