Vanguard Growth ETF $VUG Stake Trimmed by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 12.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,419 shares of the company’s stock after selling 8,067 shares during the period. Vanguard Growth ETF comprises 4.2% of Acorn Financial Advisory Services Inc. ADV’s investment portfolio, making the stock its 8th largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard Growth ETF were worth $25,611,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in 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 period. Ameriprise Financial Inc. increased its holdings in Vanguard Growth ETF by 9.3% during the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after purchasing an additional 330,550 shares during the period. TIAA Trust National Association increased its holdings in Vanguard Growth ETF by 0.5% during the 1st quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after purchasing an additional 17,656 shares during the period. EP Wealth Advisors LLC increased its holdings in Vanguard Growth ETF by 3.4% during the 1st quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock worth $1,237,228,000 after purchasing an additional 109,654 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Vanguard Growth ETF by 11.5% during the first quarter. Raymond James Financial Inc. now owns 2,637,078 shares of the company’s stock worth $977,881,000 after buying an additional 271,661 shares during the period.

Vanguard Growth ETF Stock Performance

VUG stock opened at $479.63 on Tuesday. The company’s 50 day moving average price is $468.41 and its 200 day moving average price 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 price-to-earnings ratio of 36.22 and a beta of 1.11.

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.