Cornerstone Management Inc. Sells 25,128 Shares of Vanguard Growth ETF $VUG

Cornerstone Management Inc. reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 330,607 shares of the company’s stock after selling 25,128 shares during the period. Vanguard Growth ETF accounts for 26.2% of Cornerstone Management Inc.’s portfolio, making the stock its biggest position. Cornerstone Management Inc.’s holdings in Vanguard Growth ETF were worth $158,562,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rosenberg Matthew Hamilton grew its holdings in Vanguard Growth ETF by 21.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock worth $54,000 after acquiring an additional 22 shares in the last quarter. Acas LLC lifted its position in shares of Vanguard Growth ETF by 0.5% during the second quarter. Acas LLC now owns 4,414 shares of the company’s stock worth $2,043,000 after purchasing an additional 22 shares during the last quarter. Wells Trecaso Financial Group LLC grew its stake in Vanguard Growth ETF by 2.7% in the second quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock worth $388,000 after purchasing an additional 23 shares in the last quarter. Proathlete Wealth Management LLC increased its holdings in Vanguard Growth ETF by 6.4% in the third quarter. Proathlete Wealth Management LLC now owns 385 shares of the company’s stock valued at $185,000 after buying an additional 23 shares during the last quarter. Finally, Claro Advisors LLC raised its stake in Vanguard Growth ETF by 0.9% during the second quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock valued at $1,197,000 after buying an additional 24 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.4%

NYSEARCA:VUG opened at $488.59 on Friday. The company has a market cap of $198.33 billion, a PE ratio of 36.22 and a beta of 1.17. The business’s 50 day moving average is $486.94 and its two-hundred day moving average is $465.11. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38.

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. 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.