Sheridan Capital Management LLC Has $3.20 Million Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Sheridan Capital Management LLC lowered its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 20.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,938 shares of the company’s stock after selling 1,989 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 1.7% of Sheridan Capital Management LLC’s holdings, making the stock its 15th largest position. Sheridan Capital Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,195,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Dogwood Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $28,000. Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter worth $30,000. Dynamic Wealth Strategies LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the second quarter valued at $44,000. Finally, North Star Investment Management Corp. raised its position in Vanguard Mega Cap Growth ETF by 182.1% during the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.1%

Shares of MGK opened at $408.88 on Friday. The stock’s 50-day moving average price is $411.98 and its two-hundred day moving average price is $398.15. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $426.80. The company has a market capitalization of $32.07 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.