Vanguard Growth ETF $VUG Shares Bought by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 487.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,792 shares of the company’s stock after acquiring an additional 8,955 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Growth ETF were worth $930,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after buying an additional 870 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Vanguard Growth ETF in the second quarter valued at approximately $1,859,000. Gamco Investors INC. ET AL acquired a new position in Vanguard Growth ETF during the 2nd quarter valued at about $320,000. Alliancebernstein L.P. boosted its position in shares of Vanguard Growth ETF by 142.2% in the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in shares of Vanguard Growth ETF by 3.3% during the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $88.45 on Friday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The company has a market cap of $228.81 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock’s 50-day simple moving average is $86.88 and its 200 day simple moving average is $83.16.

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.