LPL Financial LLC Decreases Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

LPL Financial LLC decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 944,289 shares of the company’s stock after selling 16,073 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $304,014,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $25,000. Rothschild Investment LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth $31,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at about $33,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $35,000. Finally, Trifecta Capital Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $45,000.

Vanguard Mega Cap Growth ETF Stock Up 0.1 %

Shares of MGK opened at $335.86 on Friday. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company has a 50 day moving average of $326.08 and a two-hundred day moving average of $313.11. Vanguard Mega Cap Growth ETF has a twelve month low of $246.18 and a twelve month high of $342.22.

Vanguard Mega Cap Growth ETF Company 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.