Bank of New York Mellon Corp Sells 68,558 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Bank of New York Mellon Corp reduced its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,995,656 shares of the company’s stock after selling 68,558 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Growth ETF were worth $740,029,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VUG. GAMMA Investing LLC grew its stake in shares of Vanguard Growth ETF by 46,224.2% during the 1st quarter. GAMMA Investing LLC now owns 1,364,247 shares of the company’s stock valued at $505,890,000 after purchasing an additional 1,361,302 shares during the period. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $458,461,000. Bell Bank bought a new position in shares of Vanguard Growth ETF during the 1st quarter valued at approximately $207,815,000. Wells Fargo & Company MN grew its stake in shares of Vanguard Growth ETF by 15.3% during the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock valued at $1,639,116,000 after acquiring an additional 529,565 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of Vanguard Growth ETF by 183.0% during the 4th quarter. Alliancebernstein L.P. now owns 717,652 shares of the company’s stock valued at $294,553,000 after acquiring an additional 464,100 shares during the period.

Vanguard Growth ETF Trading Up 1.1%

Shares of NYSEARCA:VUG opened at $441.98 on Friday. The stock has a 50 day moving average of $413.04 and a 200 day moving average of $401.61. The company has a market cap of $177.07 billion, a PE ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $442.41.

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.