Pointe Capital Management LLC Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Pointe Capital Management LLC lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,295 shares of the company’s stock after selling 71 shares during the quarter. Pointe Capital Management LLC’s holdings in Vanguard Growth ETF were worth $532,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VUG. Weitzel Financial Services Inc. grew its holdings in Vanguard Growth ETF by 10.3% during the 3rd quarter. Weitzel Financial Services Inc. now owns 1,005 shares of the company’s stock worth $382,000 after acquiring an additional 94 shares in the last quarter. Inscription Capital LLC purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth approximately $205,000. Strategic Wealth Investment Group LLC boosted its stake in shares of Vanguard Growth ETF by 98.5% during the third quarter. Strategic Wealth Investment Group LLC now owns 3,539 shares of the company’s stock valued at $1,341,000 after purchasing an additional 1,756 shares in the last quarter. Cornerstone Wealth Advisors Inc. increased its holdings in Vanguard Growth ETF by 0.7% during the third quarter. Cornerstone Wealth Advisors Inc. now owns 94,789 shares of the company’s stock valued at $36,392,000 after buying an additional 666 shares during the period. Finally, Cantor Fitzgerald Investment Advisors L.P. purchased a new position in Vanguard Growth ETF during the third quarter valued at approximately $280,000.

Vanguard Growth ETF Stock Down 1.1 %

Vanguard Growth ETF stock opened at $407.34 on Wednesday. The firm has a market cap of $395.44 billion, a P/E ratio of 37.80 and a beta of 1.12. The business has a fifty day moving average of $418.06 and a two-hundred day moving average of $399.89. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11.

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.