Wealth Watch Advisors INC Has $1.99 Million Holdings in Vanguard Growth ETF $VUG

Wealth Watch Advisors INC lessened its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,538 shares of the company’s stock after selling 381 shares during the quarter. Vanguard Growth ETF makes up 1.2% of Wealth Watch Advisors INC’s portfolio, making the stock its 20th biggest position. Wealth Watch Advisors INC’s holdings in Vanguard Growth ETF were worth $1,989,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Penobscot Wealth Management bought a new position in Vanguard Growth ETF during the 2nd quarter worth about $459,000. Brookwood Investment Group LLC increased its holdings in Vanguard Growth ETF by 3.2% during the 2nd quarter. Brookwood Investment Group LLC now owns 61,008 shares of the company’s stock worth $26,746,000 after purchasing an additional 1,887 shares in the last quarter. Pasadena Private Wealth LLC increased its holdings in Vanguard Growth ETF by 6.9% during the 2nd quarter. Pasadena Private Wealth LLC now owns 181,691 shares of the company’s stock worth $79,653,000 after purchasing an additional 11,741 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in Vanguard Growth ETF by 4.9% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 37,078 shares of the company’s stock worth $16,274,000 after purchasing an additional 1,733 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard Growth ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock worth $3,562,911,000 after acquiring an additional 79,107 shares during the last quarter.

Vanguard Growth ETF Stock Up 1.0%

NYSEARCA VUG opened at $489.62 on Monday. The firm’s 50 day moving average is $472.48 and its 200-day moving average is $436.89. The company has a market capitalization of $198.75 billion, a PE ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $491.05.

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.