Cornerstone Wealth Management LLC Sells 33 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Cornerstone Wealth Management LLC reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% in the 4th quarter, HoldingsChannel reports. The firm owned 23,837 shares of the company’s stock after selling 33 shares during the period. Vanguard Growth ETF accounts for about 0.7% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Cornerstone Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $9,784,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VUG. Brighton Jones LLC raised its stake in shares of Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after acquiring an additional 870 shares during the last quarter. Sterling Group Wealth Management LLC grew its position in shares of Vanguard Growth ETF by 7.7% during the 4th quarter. Sterling Group Wealth Management LLC now owns 771 shares of the company’s stock worth $316,000 after buying an additional 55 shares during the period. Montecito Bank & Trust grew its position in shares of Vanguard Growth ETF by 38.7% during the 4th quarter. Montecito Bank & Trust now owns 1,255 shares of the company’s stock worth $515,000 after buying an additional 350 shares during the period. Yeomans Consulting Group Inc. grew its position in shares of Vanguard Growth ETF by 2.4% during the 4th quarter. Yeomans Consulting Group Inc. now owns 50,377 shares of the company’s stock worth $20,677,000 after buying an additional 1,168 shares during the period. Finally, Veracity Capital LLC grew its position in shares of Vanguard Growth ETF by 22.0% during the 4th quarter. Veracity Capital LLC now owns 699 shares of the company’s stock worth $287,000 after buying an additional 126 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $426.08 on Friday. Vanguard Growth ETF has a one year low of $317.59 and a one year high of $428.69. The company has a 50 day moving average of $414.30 and a 200-day moving average of $390.84. The stock has a market cap of $146.78 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.