Mechanics Bank Trust Department Grows Stock Holdings in Vanguard Growth ETF $VUG

Mechanics Bank Trust Department lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 542.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,501 shares of the company’s stock after acquiring an additional 134,680 shares during the period. Vanguard Growth ETF makes up 1.7% of Mechanics Bank Trust Department’s portfolio, making the stock its 11th biggest position. Mechanics Bank Trust Department’s holdings in Vanguard Growth ETF were worth $13,739,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VUG. Integrated Capital Management LLC boosted its position in Vanguard Growth ETF by 1.9% during the 1st quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock worth $496,000 after purchasing an additional 21 shares during the period. Ridgecrest Wealth Partners LLC raised its position in Vanguard Growth ETF by 3.1% in the fourth quarter. Ridgecrest Wealth Partners LLC now owns 739 shares of the company’s stock valued at $361,000 after purchasing an additional 22 shares during the period. Prepared Retirement Institute LLC raised its position in Vanguard Growth ETF by 0.6% in the fourth quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock valued at $1,824,000 after purchasing an additional 22 shares during the period. Waterloo Capital L.P. raised its position in Vanguard Growth ETF by 2.7% in the fourth quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock valued at $402,000 after purchasing an additional 22 shares during the period. Finally, Kaufman Rossin Wealth LLC lifted its stake in shares of Vanguard Growth ETF by 3.6% during the first quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock worth $276,000 after purchasing an additional 22 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $88.73 on Thursday. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The business has a 50-day moving average of $86.08 and a 200-day moving average of $81.80. The company has a market capitalization of $229.53 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

Vanguard Growth ETF Company Profile

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.