Portside Wealth Group LLC Has $496,000 Holdings in Vanguard Growth ETF $VUG

Portside Wealth Group LLC lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 14.3% in the second quarter, Holdings Channel reports. The firm owned 1,131 shares of the company’s stock after selling 189 shares during the period. Portside Wealth Group LLC’s holdings in Vanguard Growth ETF were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allianz SE bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth about $29,000. Costello Asset Management INC acquired a new stake in Vanguard Growth ETF during the first quarter worth about $31,000. Legend Financial Advisors Inc. acquired a new stake in Vanguard Growth ETF during the second quarter worth about $31,000. Biltmore Family Office LLC bought a new position in Vanguard Growth ETF during the second quarter valued at about $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in Vanguard Growth ETF in the 2nd quarter valued at approximately $32,000.

Vanguard Growth ETF Trading Up 0.7%

VUG opened at $476.59 on Thursday. The stock’s 50 day simple moving average is $483.63 and its 200-day simple moving average is $452.76. The stock has a market cap of $193.46 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 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.