Mechanics Bank Trust Department Has $15.16 Million Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Mechanics Bank Trust Department lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,941 shares of the company’s stock after selling 1,160 shares during the period. Vanguard Growth ETF makes up 2.0% of Mechanics Bank Trust Department’s portfolio, making the stock its 9th biggest position. Mechanics Bank Trust Department’s holdings in Vanguard Growth ETF were worth $15,162,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VUG. Lincoln Capital LLC increased its position in Vanguard Growth ETF by 7.7% in the 4th quarter. Lincoln Capital LLC now owns 2,917 shares of the company’s stock valued at $1,197,000 after acquiring an additional 208 shares during the period. Diversify Advisory Services LLC grew its stake in shares of Vanguard Growth ETF by 31.6% in the fourth quarter. Diversify Advisory Services LLC now owns 5,020 shares of the company’s stock worth $2,045,000 after purchasing an additional 1,204 shares in the last quarter. Diversify Wealth Management LLC increased its holdings in shares of Vanguard Growth ETF by 126.9% during the fourth quarter. Diversify Wealth Management LLC now owns 2,643 shares of the company’s stock valued at $1,077,000 after purchasing an additional 1,478 shares during the period. LVW Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 1.7% during the fourth quarter. LVW Advisors LLC now owns 84,640 shares of the company’s stock valued at $34,740,000 after purchasing an additional 1,420 shares during the period. Finally, Global Wealth Management LLC raised its stake in shares of Vanguard Growth ETF by 21.9% during the fourth quarter. Global Wealth Management LLC now owns 1,062 shares of the company’s stock valued at $436,000 after purchasing an additional 191 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.3 %

Shares of VUG opened at $415.91 on Monday. The firm has a market capitalization of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26. The firm has a 50-day moving average price of $413.64 and a 200 day moving average price of $390.10. Vanguard Growth ETF has a 52-week low of $312.19 and a 52-week high of $428.69.

About Vanguard Growth ETF

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.