Vanguard Growth ETF $VUG Stock: Cornerstone Wealth Advisors Inc. Trims Stake

Cornerstone Wealth Advisors Inc. lessened its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 601,849 shares of the company’s stock after selling 9,208 shares during the quarter. Vanguard Growth ETF comprises about 11.4% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Growth ETF were worth $54,233,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Annex Advisory Services LLC lifted its stake in Vanguard Growth ETF by 1.1% in the 3rd quarter. Annex Advisory Services LLC now owns 19,667 shares of the company’s stock worth $1,772,000 after purchasing an additional 211 shares in the last quarter. Halbert Hargrove Global Advisors LLC grew its stake in shares of Vanguard Growth ETF by 33.0% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 11,044 shares of the company’s stock worth $995,000 after buying an additional 2,743 shares in the last quarter. Riverbend Wealth Management LLC increased its holdings in shares of Vanguard Growth ETF by 8.9% in the 3rd quarter. Riverbend Wealth Management LLC now owns 6,570 shares of the company’s stock worth $592,000 after buying an additional 539 shares during the last quarter. NFSG Corp lifted its holdings in shares of Vanguard Growth ETF by 4.2% in the 3rd quarter. NFSG Corp now owns 143,995 shares of the company’s stock valued at $12,975,000 after acquiring an additional 5,749 shares during the last quarter. Finally, Detalus Advisors LLC increased its stake in Vanguard Growth ETF by 5.8% during the third quarter. Detalus Advisors LLC now owns 26,351 shares of the company’s stock worth $2,374,000 after acquiring an additional 1,440 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $87.93 on Friday. The stock’s fifty day moving average is $89.20 and its 200 day moving average is $86.07. The firm has a market capitalization of $227.33 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $93.00.

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.