REDW Wealth LLC Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

REDW Wealth LLC lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,300 shares of the company’s stock after selling 105 shares during the quarter. Vanguard Growth ETF makes up approximately 0.6% of REDW Wealth LLC’s portfolio, making the stock its 29th biggest position. REDW Wealth LLC’s holdings in Vanguard Growth ETF were worth $2,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. S.A. Mason LLC lifted its position in Vanguard Growth ETF by 1.4% in the second quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after purchasing an additional 27 shares during the last quarter. Brave Asset Management Inc. boosted its stake in shares of Vanguard Growth ETF by 4.4% during the second quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after purchasing an additional 27 shares during the period. IFG Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 1.3% during the third quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after purchasing an additional 27 shares during the period. Eastover Investment Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 4.6% during the third quarter. Eastover Investment Advisors LLC now owns 641 shares of the company’s stock valued at $246,000 after purchasing an additional 28 shares during the period. Finally, Quad Cities Investment Group LLC boosted its stake in shares of Vanguard Growth ETF by 3.0% during the third quarter. Quad Cities Investment Group LLC now owns 1,035 shares of the company’s stock valued at $397,000 after purchasing an additional 30 shares during the period.

Vanguard Growth ETF Stock Up 0.8 %

Shares of Vanguard Growth ETF stock opened at $385.99 on Friday. The company’s fifty day simple moving average is $380.70 and its two-hundred day simple moving average is $367.48. Vanguard Growth ETF has a 12-month low of $274.59 and a 12-month high of $397.18. The firm has a market cap of $132.97 billion, a PE ratio of 39.58 and a beta of 1.26.

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.