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Growth stocks are no longer the golden opportunity they once were. As market conditions evolve, many investors are turning toward a time-tested exchange-traded fund (ETF) that has historically weathered volatility better than growth-oriented portfolios.

SageView Advisory Group LLC reduced its stake in Vanguard Growth ETF by 30.8% during the first quarter. After selling 5,280 shares, the firm now holds 11,885 shares valued at $4,407,000.

During the first quarter, Northwestern Mutual Wealth Management Co. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 6.6%. The firm purchased an additional 507,864 shares, for a total of 8,250,812 shares overall.