Glassman Wealth Services Lowers Stock Holdings in Vanguard Growth ETF $VUG

Glassman Wealth Services reduced its position in Vanguard Growth ETF (NYSEARCA:VUG) by 11.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,871 shares of the company’s stock after selling 251 shares during the quarter. Vanguard Growth ETF comprises about 0.1% of Glassman Wealth Services’ holdings, making the stock its 28th biggest holding. Glassman Wealth Services’ holdings in Vanguard Growth ETF were worth $820,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Growth ETF by 12.9% in the first quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock worth $11,954,597,000 after purchasing an additional 3,694,339 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard Growth ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after acquiring an additional 79,107 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Growth ETF by 9.3% in the 1st quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after acquiring an additional 330,550 shares in the last quarter. TIAA Trust National Association grew its holdings in shares of Vanguard Growth ETF by 0.5% during the first quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock worth $1,342,817,000 after purchasing an additional 17,656 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 3.4% during the first quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock worth $1,237,228,000 after purchasing an additional 109,654 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $482.88 on Friday. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The company has a market capitalization of $196.01 billion, a P/E ratio of 36.22 and a beta of 1.17. The firm’s 50 day simple moving average is $482.62 and its 200 day simple moving average is $449.57.

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.