Vanguard Growth ETF (NYSEARCA:VUG) Shares Acquired by Cedar Wealth Management LLC

Cedar Wealth Management LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 51.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,197 shares of the company’s stock after buying an additional 2,097 shares during the period. Vanguard Growth ETF accounts for about 0.8% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. Cedar Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $2,318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. New Millennium Group LLC bought a new position in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Keener Financial Planning LLC acquired a new position in shares of Vanguard Growth ETF during the first quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at about $34,000. Livelsberger Financial Advisory acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $33,000. Finally, Stuart Chaussee & Associates Inc. bought a new position in shares of Vanguard Growth ETF during the first quarter worth about $40,000.

Vanguard Growth ETF Trading Up 2.4 %

NYSEARCA VUG opened at $382.01 on Friday. The company has a market cap of $131.60 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The stock has a 50 day moving average of $368.32 and a 200-day moving average of $357.62.

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.