Lumbard & Kellner LLC Trims Stock Position in Vanguard Growth ETF $VUG

Lumbard & Kellner LLC trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 38.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 600 shares of the company’s stock after selling 372 shares during the period. Lumbard & Kellner LLC’s holdings in Vanguard Growth ETF were worth $263,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC increased its position in Vanguard Growth ETF by 45,810.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after purchasing an additional 3,694,339 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in Vanguard Growth ETF by 101.4% in the 1st quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock valued at $340,990,000 after purchasing an additional 463,025 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Vanguard Growth ETF by 73.9% during the 2nd quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock worth $358,372,000 after purchasing an additional 347,412 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vanguard Growth ETF by 9.3% during the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock worth $1,432,436,000 after buying an additional 330,550 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $490.84 on Monday. The firm has a market cap of $199.24 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm’s 50 day moving average price is $484.48 and its 200 day moving average price is $457.40.

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.