Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,527 shares of the company’s stock after selling 538 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,898,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MGK. Assetmark Inc. grew its holdings in shares of 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 valued at $2,399,580,000 after buying an additional 271,905 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its position in 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 worth $1,150,762,000 after acquiring an additional 74,966 shares during the period. Captrust Financial Advisors grew its stake in Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after purchasing an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC increased 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 purchasing an additional 632,921 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after purchasing an additional 2,623 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.5 %

Vanguard Mega Cap Growth ETF stock opened at $336.92 on Wednesday. The stock has a 50-day moving average price of $344.39 and a 200 day moving average price of $325.65. The company has a market capitalization of $22.30 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $257.42 and a 52 week high of $358.61.

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.