SCHEDULE 13G/A: Bank of New York Mellon Files Amended Schedule 13G for Vanguard Small-Cap ETF Holdings

Bank of New York Mellon Corporation has filed an amended Schedule 13G, reporting a 0.0% beneficial ownership in Vanguard S&P Small-Cap 600 Growth ETF as of March 31, 2025.

Summary

• Bank of New York Mellon Corporation, along with its subsidiaries BNY Mellon IHC, LLC, MBC Investments Corp, and MELLON INVESTMENTS Corp, filed an Amendment No. 2 to Schedule 13G.
• The filing pertains to their beneficial ownership in Vanguard Admiral Funds, specifically the Vanguard S&P Small-Cap 600 Growth ETF (CUSIP: 921932794).
• As of March 31, 2025, Bank of New York Mellon Corp reported sole voting and dispositive power over 65 shares, representing 0.0% of the class of securities.
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a neutral, routine compliance filing. It provides no positive or negative news about the issuer or the reporting entity beyond confirming a passive, non-controlling investment.

Positives

• The filing demonstrates routine compliance with SEC disclosure requirements by a major financial institution.
• The holding is for investment purposes in the ordinary course of business, not for control.

Negatives

• No material negatives are indicated for either the reporting person or the issuer in this compliance filing.

Risks

• The document does not disclose specific risks related to the issuer's operations or financial health.
• The filing itself is a routine compliance update and does not introduce new risks.

Future Outlook

The document is a compliance filing and does not provide any forward-looking statements or guidance regarding the issuer's or the reporting entity's future outlook.

Management Comments

• The document contains standard certifications from the reporting persons that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Industry Context

This Schedule 13G filing is a routine disclosure by a large financial institution, Bank of New York Mellon Corporation, regarding its passive investment in an ETF. It reflects standard portfolio management activities within the asset management industry and does not indicate any specific strategic shifts or competitive actions.

Comparison to Industry Standards

• As a routine Schedule 13G filing reporting a de minimis ownership stake (0.0%), this document does not provide information that allows for a meaningful comparison to industry-specific performance benchmarks or competitor results. It simply confirms a passive investment position consistent with the operations of a large institutional asset manager like Bank of New York Mellon.

Stakeholder Impact

• This routine compliance filing has no discernible direct impact on shareholders, employees, customers, suppliers, or creditors of either Vanguard Admiral Funds or Bank of New York Mellon Corporation, as it reports a de minimis, passive investment.

Next Steps

• The document does not specify any future actions, events, or milestones for the issuer or the reporting entity beyond the ongoing compliance with SEC regulations.

Key Dates

Keywords

Schedule 13G, Bank of New York Mellon, Vanguard Admiral Funds, Vanguard S&P Small-Cap 600 Growth ETF, Beneficial Ownership, SEC Filing, Institutional Investor, ETF, Small-Cap Growth