Cornerstone Wealth Group LLC Acquires 95,732 Shares of Vanguard Growth ETF $VUG

Cornerstone Wealth Group LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 570.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 112,511 shares of the company’s stock after buying an additional 95,732 shares during the quarter. Vanguard Growth ETF makes up 3.1% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 4th biggest position. Cornerstone Wealth Group LLC’s holdings in Vanguard Growth ETF were worth $49,144,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in 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. Jump Financial LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at approximately $1,859,000. Gamco Investors INC. ET AL bought a new position in shares of Vanguard Growth ETF during the second quarter valued at approximately $320,000. Alliancebernstein L.P. grew its holdings in shares of Vanguard Growth ETF by 142.2% during the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after purchasing an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in shares of Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares during the period.

Vanguard Growth ETF Trading Down 0.3%

Shares of NYSEARCA VUG opened at $82.76 on Friday. The company has a market cap of $35.16 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The stock’s 50 day simple moving average is $85.79 and its 200 day simple moving average is $80.97.

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. 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.