AlTi Global Inc. Reduces Stake in Vanguard Growth ETF $VUG

AlTi Global Inc. reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 18.1% in the 3rd quarter, Holdings Channel reports. The fund owned 9,285 shares of the company’s stock after selling 2,049 shares during the period. AlTi Global Inc.’s holdings in Vanguard Growth ETF were worth $4,458,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in Vanguard Growth ETF by 1.8% in the 2nd quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock valued at $21,651,256,000 after purchasing an additional 851,110 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Growth ETF by 0.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 35,215,110 shares of the company’s stock valued at $16,777,922,000 after acquiring an additional 156,187 shares during the period. Laurel Wealth Advisors LLC lifted its stake in Vanguard Growth ETF by 45,810.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after acquiring an additional 9,165,663 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Growth ETF by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 8,318,538 shares of the company’s stock worth $3,989,654,000 after buying an additional 191,399 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Vanguard Growth ETF by 0.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,886,118 shares of the company’s stock worth $1,705,829,000 after purchasing an additional 16,250 shares during the period.

Vanguard Growth ETF Trading Up 1.0%

Shares of NYSEARCA:VUG opened at $473.39 on Tuesday. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The company has a market capitalization of $197.47 billion, a PE ratio of 36.22 and a beta of 1.17. The firm has a 50 day simple moving average of $486.03 and a 200-day simple moving average of $478.32.

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. 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.