NewEdge Advisors LLC Cuts Stake in Vanguard Growth ETF $VUG

NewEdge Advisors LLC cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 401,341 shares of the company’s stock after selling 8,099 shares during the quarter. Vanguard Growth ETF accounts for 0.9% of NewEdge Advisors LLC’s portfolio, making the stock its 15th largest position. NewEdge Advisors LLC’s holdings in Vanguard Growth ETF were worth $148,825,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Allianz SE bought a new position in Vanguard Growth ETF during the first quarter worth $29,000. Smallwood Wealth Investment Management LLC bought a new position in Vanguard Growth ETF during the first quarter worth $29,000. Costello Asset Management INC bought a new position in Vanguard Growth ETF during the first quarter worth $31,000. Hager Investment Management Services LLC bought a new position in Vanguard Growth ETF during the 1st quarter worth $31,000. Finally, Putney Financial Group LLC bought a new position in Vanguard Growth ETF during the 4th quarter worth $37,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $464.01 on Friday. The company has a market cap of $185.68 billion, a P/E ratio of 36.22 and a beta of 1.11. The stock has a fifty day moving average price of $451.69 and a 200 day moving average price of $412.50. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $465.63.

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.