Worth Asset Management LLC Has $1.40 Million Holdings in Vanguard Mega Cap Growth ETF $MGK

Worth Asset Management LLC cut its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 72.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 3,809 shares of the company’s stock after selling 10,037 shares during the period. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,400,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. raised its position in Vanguard Mega Cap Growth ETF by 1.0% during the fourth quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after acquiring an additional 87,636 shares in the last quarter. Morgan Stanley lifted its stake in Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after acquiring an additional 277,446 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after acquiring an additional 15,432 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 0.4% in the 4th quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock valued at $484,531,000 after acquiring an additional 5,134 shares during the period. Finally, UBS Group AG increased its stake in shares of Vanguard Mega Cap Growth ETF by 0.8% during the 4th quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock worth $454,056,000 after purchasing an additional 9,098 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $85.18 on Thursday. The company’s 50-day moving average is $86.96 and its 200-day moving average is $81.95. The firm has a market capitalization of $6.43 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38.

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.