Vanguard Growth ETF $VUG Shares Acquired by Mechanics Bank Trust Department

Mechanics Bank Trust Department increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 542.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 159,501 shares of the company’s stock after purchasing an additional 134,680 shares during the quarter. Vanguard Growth ETF accounts for 1.7% of Mechanics Bank Trust Department’s portfolio, making the stock its 11th largest position. Mechanics Bank Trust Department’s holdings in Vanguard Growth ETF were worth $13,739,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new position in Vanguard Growth ETF in the 3rd quarter worth $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $35,000. Garner Asset Management Corp acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $41,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $44,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $88.73 on Thursday. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The business’s 50-day simple moving average is $86.08 and its 200 day simple moving average is $81.80. The stock has a market cap 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.