Marcum Wealth LLC Cuts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Marcum Wealth LLC cut its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,787 shares of the company’s stock after selling 375 shares during the period. Vanguard Growth ETF accounts for 0.7% of Marcum Wealth LLC’s holdings, making the stock its 20th biggest holding. Marcum Wealth LLC’s holdings in Vanguard Growth ETF were worth $7,981,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VUG. New Millennium Group LLC bought a new position in Vanguard Growth ETF during the second quarter valued at approximately $31,000. Keener Financial Planning LLC purchased a new position in Vanguard Growth ETF in the first quarter worth about $29,000. CarsonAllaria Wealth Management Ltd. bought a new stake in Vanguard Growth ETF during the second quarter worth approximately $34,000. Livelsberger Financial Advisory bought a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $33,000. Finally, Stuart Chaussee & Associates Inc. purchased a new position in shares of Vanguard Growth ETF in the 1st quarter worth approximately $40,000.

Vanguard Growth ETF Stock Up 0.6 %

VUG stock opened at $387.68 on Thursday. The stock has a market capitalization of $133.55 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $392.14. The firm’s fifty day simple moving average is $370.85 and its two-hundred day simple moving average is $361.53.

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.