Financial Advocates Investment Management Lowers Stake in Vanguard Mega Cap Growth ETF $MGK

Financial Advocates Investment Management trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) by 35.0% during the 2nd quarter, Holdings Channel reports. The firm owned 3,430 shares of the company’s stock after selling 1,849 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $1,256,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Dogwood Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth about $27,000. Harbor Asset Planning Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $28,000. Atlantic Union Bankshares Corp purchased a new position in Vanguard Mega Cap Growth ETF during the second quarter valued at $30,000. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at about $32,000. Finally, Signaturefd LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 833.3% in the second quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after buying an additional 125 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.6%

Shares of Vanguard Mega Cap Growth ETF stock opened at $409.87 on Wednesday. The firm has a market cap of $31.77 billion, a PE ratio of 37.33 and a beta of 1.18. The stock has a 50 day moving average of $407.05 and a 200 day moving average of $381.96. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $426.80.

Vanguard Mega Cap Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report).

Institutional Ownership by Quarter for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

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