Pacific Center for Financial Services Has $9.05 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Pacific Center for Financial Services decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,875 shares of the company’s stock after selling 2,142 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 2.9% of Pacific Center for Financial Services’ portfolio, making the stock its 11th biggest position. Pacific Center for Financial Services owned about 0.06% of Vanguard Mega Cap Growth ETF worth $9,050,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $8,398,000. Robertson Stephens Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.6% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 10,256 shares of the company’s stock worth $2,327,000 after purchasing an additional 631 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% during the 3rd quarter. LPL Financial LLC now owns 737,859 shares of the company’s stock valued at $167,420,000 after purchasing an additional 20,111 shares in the last quarter. Mariner LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 11.8% in the 3rd quarter. Mariner LLC now owns 83,290 shares of the company’s stock valued at $18,898,000 after purchasing an additional 8,817 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of Vanguard Mega Cap Growth ETF by 139.5% in the 3rd quarter. Stifel Financial Corp now owns 89,917 shares of the company’s stock valued at $20,405,000 after purchasing an additional 52,366 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.4 %

Vanguard Mega Cap Growth ETF stock traded up $1.11 during mid-day trading on Friday, hitting $312.70. 232,567 shares of the company’s stock were exchanged, compared to its average volume of 316,750. Vanguard Mega Cap Growth ETF has a 1-year low of $218.10 and a 1-year high of $313.08. The stock has a 50 day moving average of $287.85 and a two-hundred day moving average of $276.56. The stock has a market cap of $20.70 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.