Vanguard Growth ETF $VUG is Rolek Wealth Management LLC’s Largest Position

Rolek Wealth Management LLC lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.7% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 116,856 shares of the company’s stock after selling 1,982 shares during the period. Vanguard Growth ETF comprises about 44.3% of Rolek Wealth Management LLC’s portfolio, making the stock its largest holding. Rolek Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $51,230,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $29,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $29,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $31,000. Costello Asset Management INC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $31,000. Finally, Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter valued at about $31,000.

Vanguard Growth ETF Stock Up 0.3%

NYSEARCA:VUG opened at $479.61 on Wednesday. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $484.21. The stock has a market capitalization of $191.92 billion, a PE ratio of 36.22 and a beta of 1.11. The stock’s 50-day moving average price is $463.17 and its 200-day moving average price is $422.10.

Vanguard Growth ETF 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.