Vanguard Growth ETF $VUG Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,812,196 shares of the company’s stock after selling 101,517 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Growth ETF were worth $791,549,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Vanguard Growth ETF by 5.4% in the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after acquiring an additional 870 shares during the period. Jump Financial LLC acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $1,859,000. Gamco Investors INC. ET AL acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $320,000. Alliancebernstein L.P. grew its stake in shares of Vanguard Growth ETF by 142.2% during the 2nd quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC increased its holdings in shares of Vanguard Growth ETF by 3.3% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after purchasing an additional 158 shares in the last quarter.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $86.56 on Friday. The company has a 50 day moving average price of $86.69 and a 200-day moving average price of $81.44. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm has a market cap of $223.92 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.