Golden State Wealth Management LLC Decreases Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Golden State Wealth Management LLC trimmed its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 9.2% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 2,966 shares of the company’s stock after selling 300 shares during the quarter. Golden State Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,100,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Accredited Wealth Management LLC purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at about $26,000. Prudent Man Investment Management Inc. bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $30,000. Putney Financial Group LLC purchased a new stake in Vanguard Growth ETF during the 4th quarter valued at about $37,000. Mpwm Advisory Solutions LLC bought a new position in Vanguard Growth ETF during the 4th quarter worth approximately $39,000. Finally, Toronto Dominion Bank bought a new position in Vanguard Growth ETF during the 4th quarter worth approximately $44,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $441.98 on Friday. The company has a market capitalization of $177.07 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $442.41. The stock has a 50 day moving average price of $413.04 and a two-hundred day moving average price of $401.69.

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.