Vanguard Growth ETF $VUG Stock: GenWealth Group Inc. Trims Position

GenWealth Group Inc. trimmed its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 568,487 shares of the company’s stock after selling 14,864 shares during the period. Vanguard Growth ETF accounts for approximately 8.1% of GenWealth Group Inc.’s holdings, making the stock its 3rd largest holding. GenWealth Group Inc.’s holdings in Vanguard Growth ETF were worth $51,226,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Annex Advisory Services LLC grew its holdings in Vanguard Growth ETF by 1.1% in the third quarter. Annex Advisory Services LLC now owns 19,667 shares of the company’s stock valued at $1,772,000 after purchasing an additional 211 shares during the period. Halbert Hargrove Global Advisors LLC increased its position in Vanguard Growth ETF by 33.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 11,044 shares of the company’s stock worth $995,000 after purchasing an additional 2,743 shares during the last quarter. Riverbend Wealth Management LLC raised its stake in Vanguard Growth ETF by 8.9% during the third quarter. Riverbend Wealth Management LLC now owns 6,570 shares of the company’s stock worth $592,000 after purchasing an additional 539 shares during the period. NFSG Corp raised its stake in Vanguard Growth ETF by 4.2% during the third quarter. NFSG Corp now owns 143,995 shares of the company’s stock worth $12,975,000 after purchasing an additional 5,749 shares during the period. Finally, Detalus Advisors LLC boosted its holdings in shares of Vanguard Growth ETF by 5.8% in the 3rd quarter. Detalus Advisors LLC now owns 26,351 shares of the company’s stock valued at $2,374,000 after purchasing an additional 1,440 shares during the last quarter.

Vanguard Growth ETF Stock Down 2.1%

Shares of NYSEARCA VUG opened at $87.93 on Friday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $93.00. The firm has a fifty day moving average of $89.20 and a 200-day moving average of $86.07. The stock has a market capitalization of $227.33 billion, a PE ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.