LifePlan Financial LLC Trims Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

LifePlan Financial LLC lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,731 shares of the company’s stock after selling 493 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 1.4% of LifePlan Financial LLC’s investment portfolio, making the stock its 21st largest position. LifePlan Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,625,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MGK. FMR LLC increased its stake in Vanguard Mega Cap Growth ETF by 12.7% during the third quarter. FMR LLC now owns 23,961 shares of the company’s stock worth $7,714,000 after purchasing an additional 2,704 shares during the period. Oppenheimer & Co. Inc. boosted its position in Vanguard Mega Cap Growth ETF by 14.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock valued at $387,000 after buying an additional 152 shares during the period. Allspring Global Investments Holdings LLC boosted its position in Vanguard Mega Cap Growth ETF by 23.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock valued at $21,254,000 after buying an additional 12,655 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 131.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after acquiring an additional 21,417 shares in the last quarter. Finally, CX Institutional raised its stake in shares of Vanguard Mega Cap Growth ETF by 8.2% in the third quarter. CX Institutional now owns 141,755 shares of the company’s stock valued at $45,638,000 after acquiring an additional 10,778 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.4 %

NYSEARCA:MGK opened at $346.91 on Tuesday. Vanguard Mega Cap Growth ETF has a 12-month low of $261.32 and a 12-month high of $358.61. The firm has a market cap of $22.96 billion, a PE ratio of 42.92 and a beta of 1.28. The stock has a fifty day moving average price of $345.19 and a 200 day moving average price of $326.51.

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.