Vanguard Mega Cap Growth ETF $MGK Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 85.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,342 shares of the company’s stock after selling 13,518 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Mega Cap Growth ETF were worth $942,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MGK. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at $30,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $44,000. North Star Investment Management Corp. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 182.1% during the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after buying an additional 71 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 463.6% in the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after buying an additional 102 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $51,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $384.69 on Monday. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm’s 50 day moving average price is $408.05 and its 200 day moving average price is $402.72. The firm has a market cap of $30.18 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.