Wedbush Securities Inc. Sells 7,395 Shares of Vanguard Growth ETF $VUG

Wedbush Securities Inc. trimmed its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 29.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,115 shares of the company’s stock after selling 7,395 shares during the quarter. Wedbush Securities Inc.’s holdings in Vanguard Growth ETF were worth $8,688,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Vanguard Growth ETF by 1.8% during the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after purchasing an additional 851,110 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Vanguard Growth ETF by 0.4% during the third quarter. Jones Financial Companies Lllp now owns 35,215,110 shares of the company’s stock valued at $16,777,922,000 after purchasing an additional 156,187 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in Vanguard Growth ETF by 45,810.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after purchasing an additional 9,165,663 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Growth ETF by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 8,318,538 shares of the company’s stock worth $3,989,654,000 after purchasing an additional 191,399 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Vanguard Growth ETF by 0.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock worth $1,705,829,000 after buying an additional 16,250 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $469.03 on Thursday. The company has a 50 day moving average of $485.17 and a 200-day moving average of $478.38. The stock has a market cap of $195.65 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a one year low of $316.14 and a one year high of $505.38.

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.