Vanguard Mega Cap Growth ETF $MGK Position Lessened by FSC Wealth Advisors LLC

FSC Wealth Advisors LLC decreased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 84.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,072 shares of the company’s stock after selling 5,942 shares during the period. Vanguard Mega Cap Growth ETF makes up about 7.5% of FSC Wealth Advisors LLC’s holdings, making the stock its 8th largest holding. FSC Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $394,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ancora Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 88.6% in the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 31 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $28,000. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $32,000. Costello Asset Management INC increased its position in shares of Vanguard Mega Cap Growth ETF by 116.3% in the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 350.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $84.35 on Friday. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The company has a market capitalization of $6.37 billion, a P/E ratio of 37.33 and a beta of 1.24. The firm’s 50 day simple moving average is $87.04 and its 200 day simple moving average is $81.96.

Vanguard Mega Cap Growth ETF Company 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.