Hartline Investment Corp Reduces Stock Position in Vanguard Mega Cap Growth ETF $MGK

Hartline Investment Corp lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.6% in the second quarter, HoldingsChannel reports. The firm owned 2,690 shares of the company’s stock after selling 100 shares during the quarter. Hartline Investment Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $985,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Stratos Wealth Partners LTD. increased its position in Vanguard Mega Cap Growth ETF by 36.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 18,659 shares of the company’s stock worth $6,833,000 after purchasing an additional 5,003 shares in the last quarter. Private Trust Co. NA increased its position in Vanguard Mega Cap Growth ETF by 183.7% during the 2nd quarter. Private Trust Co. NA now owns 1,827 shares of the company’s stock worth $669,000 after purchasing an additional 1,183 shares in the last quarter. Angeles Wealth Management LLC increased its position in Vanguard Mega Cap Growth ETF by 7.7% during the 2nd quarter. Angeles Wealth Management LLC now owns 575,440 shares of the company’s stock worth $210,709,000 after purchasing an additional 40,990 shares in the last quarter. Stratos Investment Management LLC increased its position in Vanguard Mega Cap Growth ETF by 10.5% during the 2nd quarter. Stratos Investment Management LLC now owns 46,000 shares of the company’s stock worth $16,844,000 after purchasing an additional 4,380 shares in the last quarter. Finally, Harbor Asset Planning Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $28,000.

Vanguard Mega Cap Growth ETF Trading Up 0.7%

Vanguard Mega Cap Growth ETF stock opened at $402.66 on Friday. The stock has a market cap of $31.21 billion, a PE ratio of 37.33 and a beta of 1.11. The stock has a 50-day moving average price of $394.08 and a 200 day moving average price of $360.23. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $410.01.

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.