Martel Wealth Advisors Inc Decreases Stock Holdings in Vanguard Growth ETF $VUG

Martel Wealth Advisors Inc lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 229,637 shares of the company’s stock after selling 3,203 shares during the period. Vanguard Growth ETF accounts for 19.3% of Martel Wealth Advisors Inc’s portfolio, making the stock its 2nd largest holding. Martel Wealth Advisors Inc’s holdings in Vanguard Growth ETF were worth $110,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF in the second quarter valued at about $31,000. Biltmore Family Office LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at approximately $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Vanguard Growth ETF in the second quarter valued at approximately $32,000. Kilter Group LLC bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $33,000. Finally, Anfield Capital Management LLC boosted its position in shares of Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after purchasing an additional 56 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.4%

Shares of VUG opened at $490.60 on Tuesday. The stock has a market cap of $199.14 billion, a P/E ratio of 36.22 and a beta of 1.17. The stock’s 50-day moving average price is $487.16 and its two-hundred day moving average price is $465.94. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38.

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.