Robertson Stephens Wealth Management LLC Sells 47,650 Shares of Vanguard Growth ETF $VUG

Robertson Stephens Wealth Management LLC cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 19.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 192,973 shares of the company’s stock after selling 47,650 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $17,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Lifetime Wealth Management P.C. acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $44,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $48,000. AG Campbell Advisory LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $54,000. Field & Main Bank acquired a new stake in shares of Vanguard Growth ETF in the second quarter worth approximately $39,000. Finally, Evelyn Partners Asset Management Ltd boosted its position in shares of Vanguard Growth ETF by 460.0% in the first quarter. Evelyn Partners Asset Management Ltd now owns 140 shares of the company’s stock worth $61,000 after acquiring an additional 115 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $87.93 on Friday. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $93.00. The company has a 50 day moving average price of $89.20 and a 200 day moving average price of $86.07. The firm has a market capitalization of $227.33 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. 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.