Waterfront Wealth Inc. Lowers Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Waterfront Wealth Inc. lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,307 shares of the company’s stock after selling 447 shares during the period. Waterfront Wealth Inc.’s holdings in Vanguard Growth ETF were worth $947,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pekin Hardy Strauss Inc. increased its position in shares of Vanguard Growth ETF by 1.2% during the third quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after purchasing an additional 25 shares in the last quarter. Caitlin John LLC boosted its holdings in shares of Vanguard Growth ETF by 8.6% during the 4th quarter. Caitlin John LLC now owns 327 shares of the company’s stock worth $134,000 after purchasing an additional 26 shares during the last quarter. Stockman Wealth Management Inc. raised its holdings in shares of Vanguard Growth ETF by 2.3% during the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock worth $455,000 after acquiring an additional 27 shares during the period. Rakuten Securities Inc. lifted its holdings in Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after acquiring an additional 27 shares during the last quarter. Finally, HBW Advisory Services LLC lifted its stake in shares of Vanguard Growth ETF by 0.8% in the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock valued at $1,448,000 after purchasing an additional 27 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $416.02 on Friday. The firm has a market cap of $143.31 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm’s 50 day moving average price is $418.77 and its 200-day moving average price is $398.33. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11.

Vanguard Growth ETF Company Profile

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.