Cornerstone Wealth Management LLC Trims Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Cornerstone Wealth Management LLC reduced its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,870 shares of the company’s stock after selling 321 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $9,164,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VUG. Culbertson A N & Co. Inc. increased its stake in shares of Vanguard Growth ETF by 0.8% during the third quarter. Culbertson A N & Co. Inc. now owns 12,928 shares of the company’s stock valued at $4,963,000 after purchasing an additional 100 shares in the last quarter. AAFMAA Wealth Management & Trust LLC purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth approximately $6,374,000. Curran Financial Partners LLC increased its position in Vanguard Growth ETF by 0.6% during the 3rd quarter. Curran Financial Partners LLC now owns 14,718 shares of the company’s stock valued at $5,651,000 after buying an additional 89 shares in the last quarter. Kaydan Wealth Management Inc. raised its stake in Vanguard Growth ETF by 7.6% during the third quarter. Kaydan Wealth Management Inc. now owns 5,637 shares of the company’s stock valued at $2,164,000 after buying an additional 398 shares during the last quarter. Finally, Indiana Trust & Investment Management Co boosted its holdings in Vanguard Growth ETF by 16.4% in the third quarter. Indiana Trust & Investment Management Co now owns 2,546 shares of the company’s stock worth $977,000 after acquiring an additional 358 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.2 %

NYSEARCA VUG opened at $389.27 on Thursday. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $393.52. The stock’s fifty day moving average price is $375.31 and its 200-day moving average price is $363.28. The stock has a market cap of $134.10 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.