Vanguard Growth ETF (NYSEARCA:VUG) is Mechanics Bank Trust Department’s 9th Largest Position

Mechanics Bank Trust Department lessened its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,941 shares of the company’s stock after selling 1,160 shares during the period. Vanguard Growth ETF comprises about 2.0% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 9th largest position. Mechanics Bank Trust Department’s holdings in Vanguard Growth ETF were worth $15,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Jennison Associates LLC raised its stake in Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares in the last quarter. First City Capital Management Inc. raised its position in shares of Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares in the last quarter. Creative Planning lifted its stake in Vanguard Growth ETF by 1.4% during the third quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares during the last quarter. Worth Asset Management LLC boosted its holdings in Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares during the period. Finally, Creekside Partners acquired a new position in Vanguard Growth ETF in the second quarter worth $365,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $415.91 on Monday. The company’s fifty day moving average is $413.64 and its two-hundred day moving average is $390.10. Vanguard Growth ETF has a 1-year low of $312.19 and a 1-year high of $428.69. The stock has a market capitalization of $143.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.