VestGen Advisors LLC Has $22.12 Million Stock Holdings in Vanguard Growth ETF $VUG

VestGen Advisors LLC decreased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 4.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,422 shares of the company’s stock after selling 2,417 shares during the period. Vanguard Growth ETF accounts for approximately 0.9% of VestGen Advisors LLC’s holdings, making the stock its 23rd largest position. VestGen Advisors LLC’s holdings in Vanguard Growth ETF were worth $22,120,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC boosted its position in Vanguard Growth ETF by 45,810.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after purchasing an additional 9,165,663 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the last quarter. Wealthspire Advisors LLC raised its stake in shares of Vanguard Growth ETF by 101.4% during the 1st quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock worth $340,990,000 after purchasing an additional 463,025 shares in the last quarter. Merit Financial Group LLC boosted its holdings in shares of Vanguard Growth ETF by 73.9% in the 2nd quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after buying an additional 347,412 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake 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 valued at $1,432,436,000 after buying an additional 330,550 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.5%

Shares of VUG opened at $490.84 on Friday. The company’s fifty day simple moving average is $484.48 and its 200 day simple moving average is $457.10. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The company has a market cap of $199.24 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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.