Sunbelt Securities Inc. Sells 331 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sunbelt Securities Inc. decreased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 28.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 841 shares of the company’s stock after selling 331 shares during the quarter. Sunbelt Securities Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Captrust Financial Advisors raised its stake in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after acquiring an additional 1,408,609 shares during the period. World Investment Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares during the period. Angeles Investment Advisors LLC grew its stake in Vanguard Mega Cap Growth ETF by 105.4% in the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after buying an additional 455,250 shares during the last quarter. Prime Capital Investment Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 4,572.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after acquiring an additional 289,430 shares during the period. Finally, Comerica Bank lifted its position in Vanguard Mega Cap Growth ETF by 325.4% during the second quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after acquiring an additional 274,801 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.1 %

Vanguard Mega Cap Growth ETF stock opened at $353.96 on Friday. The company has a market capitalization of $23.43 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12 month low of $250.79 and a 12 month high of $356.76. The stock’s 50 day moving average is $334.82 and its 200-day moving average is $319.30.

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.