Bank of New York Mellon Corp Lowers Stock Position in Vanguard Growth ETF $VUG

Bank of New York Mellon Corp cut its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,812,196 shares of the company’s stock after selling 101,517 shares during the period. Bank of New York Mellon Corp owned 0.43% of Vanguard Growth ETF worth $791,549,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Enclave Advisors LLC raised its stake in shares of Vanguard Growth ETF by 6.6% in the fourth quarter. Enclave Advisors LLC now owns 39,547 shares of the company’s stock worth $19,293,000 after purchasing an additional 2,462 shares during the last quarter. Everhart Financial Group Inc. boosted its position in Vanguard Growth ETF by 8.4% in the fourth quarter. Everhart Financial Group Inc. now owns 284,541 shares of the company’s stock valued at $138,816,000 after buying an additional 21,967 shares during the last quarter. Gryphon Financial Partners LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $1,194,000. Asempa Wealth Advisors acquired a new position in Vanguard Growth ETF in the 4th quarter worth approximately $3,102,000. Finally, Cypress Financial Planning LLC increased its holdings in Vanguard Growth ETF by 50.3% in the 4th quarter. Cypress Financial Planning LLC now owns 3,717 shares of the company’s stock worth $1,823,000 after buying an additional 1,244 shares during the period.

Vanguard Growth ETF Trading Down 1.4%

VUG opened at $86.56 on Friday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The firm has a market capitalization of $223.92 billion, a PE ratio of 36.22 and a beta of 1.22. The firm has a 50 day moving average of $86.69 and a two-hundred day moving average of $81.44.

Vanguard Growth ETF 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.