IAG Wealth Partners LLC Reduces Position in Vanguard Growth ETF $VUG

IAG Wealth Partners LLC decreased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 6.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,987 shares of the company’s stock after selling 3,564 shares during the period. Vanguard Growth ETF makes up approximately 2.8% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 11th largest position. IAG Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $21,476,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VUG. Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter worth $31,000. Biltmore Family Office LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at about $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Vanguard Growth ETF during the second quarter worth about $32,000. Allianz SE purchased a new position in Vanguard Growth ETF during the first quarter worth about $29,000. Finally, Anfield Capital Management LLC increased its position in shares of Vanguard Growth ETF by 266.7% during the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after acquiring an additional 56 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.5%

VUG opened at $491.53 on Wednesday. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The business has a fifty day simple moving average of $484.83 and a 200-day simple moving average of $458.47. The firm has a market cap of $199.52 billion, a P/E ratio of 36.22 and a beta of 1.17.

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.