Mechanics Bank Trust Department Has $14.63 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Mechanics Bank Trust Department decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,101 shares of the company’s stock after selling 761 shares during the quarter. Vanguard Growth ETF makes up 1.9% of Mechanics Bank Trust Department’s holdings, making the stock its 9th largest holding. Mechanics Bank Trust Department’s holdings in Vanguard Growth ETF were worth $14,628,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VUG. Global Assets Advisory LLC purchased a new stake in Vanguard Growth ETF during the 1st quarter valued at approximately $38,393,000. NBC Securities Inc. grew its stake in Vanguard Growth ETF by 22.3% during the first quarter. NBC Securities Inc. now owns 603 shares of the company’s stock valued at $217,000 after acquiring an additional 110 shares in the last quarter. Goelzer Investment Management Inc. bought a new stake in Vanguard Growth ETF in the 1st quarter valued at $206,000. Foster Group Inc. lifted its stake in Vanguard Growth ETF by 48.2% in the 1st quarter. Foster Group Inc. now owns 1,119 shares of the company’s stock worth $385,000 after purchasing an additional 364 shares in the last quarter. Finally, Slagle Financial LLC grew its position in shares of Vanguard Growth ETF by 92.1% during the fourth quarter. Slagle Financial LLC now owns 2,416 shares of the company’s stock valued at $751,000 after purchasing an additional 1,158 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.4 %

Shares of VUG stock opened at $388.79 on Friday. The stock has a market capitalization of $133.93 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14. The stock’s 50-day moving average price is $372.48 and its 200-day moving average price is $362.33.

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.