Cherry Tree Wealth Management LLC Buys 18,252 Shares of Vanguard Growth ETF $VUG

Cherry Tree Wealth Management LLC lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 514.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,802 shares of the company’s stock after purchasing an additional 18,252 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,878,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Bullseye Investment Management LLC acquired a new stake in Vanguard Growth ETF in the second quarter worth about $31,000. Smith Chas P & Associates PA Cpas lifted its position in Vanguard Growth ETF by 491.4% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 4,146 shares of the company’s stock valued at $357,000 after purchasing an additional 3,445 shares during the period. Talon Private Wealth LLC boosted its stake in shares of Vanguard Growth ETF by 371.2% in the 2nd quarter. Talon Private Wealth LLC now owns 75,722 shares of the company’s stock valued at $6,523,000 after purchasing an additional 59,653 shares during the last quarter. Marathon Wealth Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 550.8% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 129,706 shares of the company’s stock valued at $11,173,000 after purchasing an additional 109,776 shares during the last quarter. Finally, Pecaut & CO. grew its position in shares of Vanguard Growth ETF by 495.3% during the 2nd quarter. Pecaut & CO. now owns 27,432 shares of the company’s stock worth $2,363,000 after buying an additional 22,824 shares during the period.

Vanguard Growth ETF Trading Down 0.7%

Shares of VUG traded down $0.59 on Tuesday, reaching $87.12. 3,258,712 shares of the company’s stock were exchanged, compared to its average volume of 8,524,979. The business has a 50 day moving average price of $87.13 and a two-hundred day moving average price of $83.67. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The stock has a market capitalization of $225.35 billion, a P/E ratio of 36.22 and a beta of 1.22.

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.