Creative Planning Has $49.67 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

Creative Planning cut its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 135,655 shares of the company’s stock after selling 4,315 shares during the quarter. Creative Planning owned approximately 0.18% of Vanguard Mega Cap Growth ETF worth $49,673,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. WealthShield Partners LLC raised its stake in Vanguard Mega Cap Growth ETF by 0.8% during the 2nd quarter. WealthShield Partners LLC now owns 45,473 shares of the company’s stock worth $16,649,000 after buying an additional 367 shares during the period. Empower Advisory Group LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 8.1% in the second quarter. Empower Advisory Group LLC now owns 1,623 shares of the company’s stock valued at $594,000 after buying an additional 121 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 2.9% during the second quarter. Foundations Investment Advisors LLC now owns 33,894 shares of the company’s stock worth $12,411,000 after acquiring an additional 958 shares during the last quarter. Financial Life Planners raised its stake in Vanguard Mega Cap Growth ETF by 2.5% in the 2nd quarter. Financial Life Planners now owns 7,297 shares of the company’s stock worth $2,672,000 after purchasing an additional 177 shares in the last quarter. Finally, Advisors Capital Management LLC increased its holdings in Vanguard Mega Cap Growth ETF by 5.4% in the 2nd quarter. Advisors Capital Management LLC now owns 784 shares of the company’s stock valued at $287,000 after buying an additional 40 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.2%

Shares of Vanguard Mega Cap Growth ETF stock opened at $408.56 on Friday. The firm’s 50 day moving average is $405.80 and its 200 day moving average is $377.57. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm has a market capitalization of $31.67 billion, a PE ratio of 37.33 and a beta of 1.18.

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.