Summit Wealth & Retirement Planning Inc. Has $1.42 Million Stake in Vanguard Growth ETF $VUG

Summit Wealth & Retirement Planning Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 14.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,233 shares of the company’s stock after selling 527 shares during the period. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard Growth ETF were worth $1,417,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Vanguard Growth ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after purchasing an additional 79,107 shares during the period. Ameriprise Financial Inc. grew its holdings in Vanguard Growth ETF by 9.3% during the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after purchasing an additional 330,550 shares during the last quarter. TIAA Trust National Association raised its position in shares of Vanguard Growth ETF by 0.5% in the first quarter. TIAA Trust National Association now owns 3,621,210 shares of the company’s stock valued at $1,342,817,000 after purchasing an additional 17,656 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of Vanguard Growth ETF by 3.4% in the first quarter. EP Wealth Advisors LLC now owns 3,336,464 shares of the company’s stock valued at $1,237,228,000 after purchasing an additional 109,654 shares during the period.

Vanguard Growth ETF Trading Down 0.3%

NYSEARCA VUG opened at $484.48 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 fifty day simple moving average of $480.04 and a 200 day simple moving average of $446.05. The company has a market cap of $196.66 billion, a P/E ratio of 36.22 and a beta of 1.17.

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.