Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC reduced its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.1% in the fourth quarter, HoldingsChannel reports. The fund owned 5,812 shares of the company’s stock after selling 379 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Assetmark Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 2.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after purchasing an additional 74,966 shares during the period. Captrust Financial Advisors raised its stake in shares of Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after buying an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 36,249.8% in the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 0.5% during the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after buying an additional 2,623 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.7 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $349.58 on Thursday. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61. The stock has a market cap of $23.14 billion, a PE ratio of 42.92 and a beta of 1.28. The company’s 50-day moving average price is $347.25 and its two-hundred day moving average price is $327.73.

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.