Royal Fund Management LLC Has $8.81 Million Stake in Vanguard Growth ETF $VUG

Royal Fund Management LLC reduced its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 11.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,338 shares of the company’s stock after selling 2,376 shares during the period. Vanguard Growth ETF comprises approximately 1.1% of Royal Fund Management LLC’s investment portfolio, making the stock its 21st largest position. Royal Fund Management LLC’s holdings in Vanguard Growth ETF were worth $8,811,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC grew its stake in shares of Vanguard Growth ETF by 45,810.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Growth ETF by 1.8% during the 2nd quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after acquiring an additional 851,110 shares during the last quarter. Corient Private Wealth LLC grew its position in Vanguard Growth ETF by 97.7% during the 2nd quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock worth $538,790,000 after acquiring an additional 607,436 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Vanguard Growth ETF by 142.2% in the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares in the last quarter. Finally, Japan Science & Technology Agency acquired a new position in Vanguard Growth ETF in the 3rd quarter worth about $168,321,000.

Vanguard Growth ETF Trading Down 0.1%

Shares of VUG stock opened at $485.09 on Monday. The firm has a market capitalization of $202.35 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The business’s 50-day moving average price is $487.58 and its 200-day moving average price is $474.52. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.