Reynders McVeigh Capital Management LLC Lowers Stake in Vanguard Growth ETF $VUG

Reynders McVeigh Capital Management LLC lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 22.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,198 shares of the company’s stock after selling 1,770 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Vanguard Growth ETF were worth $2,717,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VUG. Fund Evaluation Group LLC bought a new position in Vanguard Growth ETF in the second quarter worth about $5,594,000. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $1,092,000. Geneos Wealth Management Inc. raised its stake in shares of Vanguard Growth ETF by 26.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 50,831 shares of the company’s stock worth $22,284,000 after acquiring an additional 10,602 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in Vanguard Growth ETF during the second quarter valued at approximately $517,000. Finally, Soltis Investment Advisors LLC lifted its position in Vanguard Growth ETF by 11.0% during the second quarter. Soltis Investment Advisors LLC now owns 5,053 shares of the company’s stock valued at $2,215,000 after acquiring an additional 499 shares during the last quarter.

Vanguard Growth ETF Trading Down 1.6%

NYSEARCA VUG opened at $485.26 on Monday. The firm’s fifty day simple moving average is $486.90 and its two-hundred day simple moving average is $463.09. The firm has a market capitalization of $196.98 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38.

Vanguard Growth ETF 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.