Vanguard Mega Cap Growth ETF $MGK is Leelyn Smith LLC’s Largest Position

Leelyn Smith LLC trimmed its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 143,945 shares of the company’s stock after selling 3,065 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 8.7% of Leelyn Smith LLC’s portfolio, making the stock its largest holding. Leelyn Smith LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $57,927,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of MGK. Vestmark Advisory Solutions Inc. lifted its position in Vanguard Mega Cap Growth ETF by 159.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock worth $27,179,000 after acquiring an additional 45,667 shares during the period. First Horizon Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth about $1,351,000. Alpine Bank Wealth Management purchased a new stake in Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $77,000. Beaumont Asset Management L.L.C. increased its holdings in Vanguard Mega Cap Growth ETF by 271.2% in the 3rd quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock worth $2,508,000 after buying an additional 4,554 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in Vanguard Mega Cap Growth ETF by 9.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 36,652 shares of the company’s stock worth $14,749,000 after buying an additional 3,046 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.9%

Shares of NYSEARCA MGK opened at $401.42 on Thursday. The company has a 50 day simple moving average of $411.10 and a two-hundred day simple moving average of $399.43. The stock has a market cap of $31.49 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. 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

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.