Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Position Lowered by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC reduced its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,995 shares of the company’s stock after selling 255 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,437,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MGK. Gateway Wealth Partners LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares in the last quarter. CGN Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 5.4% in the 2nd quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after buying an additional 41 shares during the last quarter. Csenge Advisory Group grew its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after buying an additional 42 shares during the last quarter. Strategic Blueprint LLC raised its stake in Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after acquiring an additional 42 shares during the period. Finally, First Financial Bankshares Inc lifted its holdings in Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after acquiring an additional 44 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.3 %

NYSEARCA:MGK opened at $325.67 on Wednesday. The stock has a 50 day moving average of $319.22 and a 200-day moving average of $308.44. The firm has a market capitalization of $21.56 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $234.81 and a 52 week high of $332.63.

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.