Howard Capital Management Inc. Trims Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Howard Capital Management Inc. decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,612,707 shares of the company’s stock after selling 4,419 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 7.0% of Howard Capital Management Inc.’s portfolio, making the stock its 3rd biggest holding. Howard Capital Management Inc. owned approximately 2.44% of Vanguard Mega Cap Growth ETF worth $553,820,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in MGK. Oxbow Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 2.0% during the 4th quarter. Oxbow Advisors LLC now owns 5,302 shares of the company’s stock valued at $1,821,000 after purchasing an additional 102 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $1,533,000. Dahring Cusmano LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $419,000. Blackston Financial Advisory Group LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 8.1% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 52,685 shares of the company’s stock valued at $18,092,000 after purchasing an additional 3,936 shares during the last quarter. Finally, Lane & Associates LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 51.1% during the 4th quarter. Lane & Associates LLC now owns 1,845 shares of the company’s stock valued at $642,000 after purchasing an additional 624 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $347.93 on Friday. The company has a market cap of $25.55 billion, a P/E ratio of 41.72 and a beta of 1.13. The business’s 50 day moving average price is $349.67 and its 200-day moving average price is $333.18. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.64.

About Vanguard Mega Cap Growth ETF

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.