Strategic Financial Partners Ltd. Has $4.27 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Strategic Financial Partners Ltd. reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,429 shares of the company’s stock after selling 945 shares during the period. Vanguard Mega Cap Growth ETF comprises about 2.2% of Strategic Financial Partners Ltd.’s investment portfolio, making the stock its 11th largest holding. Strategic Financial Partners Ltd.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pittenger & Anderson Inc. raised its stake in Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after buying an additional 30 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF by 1.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after buying an additional 33 shares during the period. Planning Directions Inc. raised its stake in Vanguard Mega Cap Growth ETF by 4.5% in the fourth quarter. Planning Directions Inc. now owns 957 shares of the company’s stock valued at $329,000 after buying an additional 41 shares during the period. Geneos Wealth Management Inc. raised its stake in Vanguard Mega Cap Growth ETF by 5.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock valued at $315,000 after buying an additional 46 shares during the period. Finally, Campbell Wealth Management raised its stake in Vanguard Mega Cap Growth ETF by 2.4% in the fourth quarter. Campbell Wealth Management now owns 1,973 shares of the company’s stock valued at $677,000 after buying an additional 46 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 2.6 %

NYSEARCA:MGK opened at $315.29 on Friday. The stock’s 50 day moving average price is $342.49 and its two-hundred day moving average price is $335.05. The firm has a market capitalization of $23.11 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64.

Vanguard Mega Cap Growth ETF Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.