Connecticut Wealth Management LLC Decreases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Connecticut Wealth Management LLC lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 0.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 115,543 shares of the company’s stock after selling 678 shares during the period. Vanguard Growth ETF comprises approximately 2.2% of Connecticut Wealth Management LLC’s holdings, making the stock its 9th largest position. Connecticut Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $43,214,000 at the end of the most recent quarter.

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

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $380.89 on Friday. The firm has a market cap of $131.21 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average price of $368.23 and a 200 day moving average price of $357.89. Vanguard Growth ETF has a fifty-two week low of $260.65 and a fifty-two week high of $392.14.

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.