Vanguard Growth ETF (NYSEARCA:VUG) Shares Acquired by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,789 shares of the company’s stock after purchasing an additional 666 shares during the period. Vanguard Growth ETF makes up about 10.1% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 4th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Growth ETF were worth $36,392,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VUG. Lake Street Private Wealth LLC increased its stake in Vanguard Growth ETF by 32.1% during the 1st quarter. Lake Street Private Wealth LLC now owns 61,380 shares of the company’s stock worth $21,127,000 after acquiring an additional 14,924 shares during the period. First Trust Direct Indexing L.P. increased its stake in Vanguard Growth ETF by 156.7% during the 1st quarter. First Trust Direct Indexing L.P. now owns 1,720 shares of the company’s stock worth $592,000 after acquiring an additional 1,050 shares during the period. Legacy Wealth Asset Management LLC bought a new position in Vanguard Growth ETF during the 1st quarter worth $242,000. Accel Wealth Management increased its stake in shares of Vanguard Growth ETF by 27.8% in the 1st quarter. Accel Wealth Management now owns 3,031 shares of the company’s stock valued at $1,043,000 after purchasing an additional 660 shares during the last quarter. Finally, Tempus Wealth Planning LLC bought a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $200,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $393.12 on Tuesday. Vanguard Growth ETF has a 52-week low of $263.79 and a 52-week high of $395.98. The business’s fifty day moving average is $379.67 and its 200-day moving average is $366.21. The firm has a market cap of $135.43 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.