10 Stocks Make Up 60% of This $220 Billion Vanguard ETF. Here’s What That Means If the AI Trade Cracks.
The Vanguard Growth ETF (NYSEMKT: VUG) holds 147 shares. That feels like diversification, and it is half of why traders have parked greater than $220 billion in the fund. But have a look at the place the cash really sits. As of June 30, the fund’s 10 largest holdings accounted for about 60% of its…