Cornerstone Wealth Management LLC Has $9.78 Million Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Cornerstone Wealth Management LLC trimmed its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 0.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,837 shares of the company’s stock after selling 33 shares during the period. Vanguard Growth ETF comprises about 0.7% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Cornerstone Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $9,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. boosted its position in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after acquiring an additional 25 shares in the last quarter. IFG Advisors LLC boosted its position in shares of Vanguard Growth ETF by 1.3% during the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares in the last quarter. Stockman Wealth Management Inc. boosted its position 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 valued at $455,000 after acquiring an additional 27 shares in the last quarter. Rakuten Securities Inc. boosted its position in shares of Vanguard Growth ETF by 8.5% during the 3rd quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after acquiring an additional 27 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its position in shares of Vanguard Growth ETF by 0.8% during the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock valued at $1,448,000 after acquiring an additional 27 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $426.08 on Friday. Vanguard Growth ETF has a twelve month low of $317.59 and a twelve month high of $428.69. The firm has a market cap of $146.78 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm’s 50-day simple moving average is $414.30 and its 200-day simple moving average is $390.84.

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.