Watershed Private Wealth LLC Reduces Stake in Vanguard Growth ETF $VUG

Watershed Private Wealth LLC lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,509 shares of the company’s stock after selling 3,278 shares during the quarter. Vanguard Growth ETF comprises approximately 5.3% of Watershed Private Wealth LLC’s holdings, making the stock its 4th largest holding. Watershed Private Wealth LLC’s holdings in Vanguard Growth ETF were worth $14,691,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VUG. Wells Trecaso Financial Group LLC increased its stake in Vanguard Growth ETF by 2.7% during the second quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock valued at $388,000 after acquiring an additional 23 shares during the period. K2 Financial Inc. increased its position in shares of Vanguard Growth ETF by 0.5% during the second quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after purchasing an additional 25 shares during the period. Crestwood Advisors Group LLC increased its position in shares of Vanguard Growth ETF by 0.5% during the first quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock valued at $1,935,000 after purchasing an additional 26 shares during the period. Balanced Rock Investment Advisors LLC increased its position in shares of Vanguard Growth ETF by 1.4% during the first quarter. Balanced Rock Investment Advisors LLC now owns 1,893 shares of the company’s stock valued at $702,000 after purchasing an additional 26 shares during the period. Finally, Black Swift Group LLC increased its position in shares of Vanguard Growth ETF by 1.2% during the first quarter. Black Swift Group LLC now owns 2,271 shares of the company’s stock valued at $842,000 after purchasing an additional 27 shares during the period.

Vanguard Growth ETF Stock Down 0.6%

NYSEARCA VUG opened at $482.11 on Wednesday. The stock has a market cap of $195.70 billion, a P/E ratio of 36.22 and a beta of 1.11. The company’s 50-day simple moving average is $466.11 and its 200 day simple moving average is $425.74. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $486.08.

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.