CSM Advisors LLC Reduces Holdings in Vanguard Growth ETF $VUG

CSM Advisors LLC reduced its position in Vanguard Growth ETF (NYSEARCA:VUG) by 49.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 201,387 shares of the company’s stock after selling 195,887 shares during the period. Vanguard Growth ETF makes up about 2.6% of CSM Advisors LLC’s portfolio, making the stock its 3rd largest position. CSM Advisors LLC’s holdings in Vanguard Growth ETF were worth $88,288,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Allianz SE bought a new position in Vanguard Growth ETF in the 1st quarter valued at about $29,000. Hager Investment Management Services LLC bought a new position in Vanguard Growth ETF during the first quarter worth about $31,000. Costello Asset Management INC bought a new position in shares of Vanguard Growth ETF during the first quarter worth approximately $31,000. Legend Financial Advisors Inc. bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Finally, Biltmore Family Office LLC bought a new stake in Vanguard Growth ETF during the second quarter worth about $31,000.

Vanguard Growth ETF Trading Down 0.3%

Shares of NYSEARCA:VUG opened at $484.48 on Friday. The stock has a market capitalization of $196.66 billion, a PE ratio of 36.22 and a beta of 1.17. The firm has a 50 day moving average of $480.04 and a 200-day moving average of $446.71. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38.

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.