Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is Cedar Point Capital Partners LLC’s 2nd Largest Position

Cedar Point Capital Partners LLC lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.0% during the 4th quarter, Holdings Channel reports. The firm owned 31,558 shares of the company’s stock after selling 325 shares during the quarter. Vanguard Mega Cap Growth ETF comprises 7.3% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 2nd biggest holding. Cedar Point Capital Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $10,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 37.7% during the 2nd quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock valued at $2,985,000 after acquiring an additional 2,601 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Vanguard Mega Cap Growth ETF by 91.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,457 shares of the company’s stock valued at $772,000 after acquiring an additional 1,173 shares during the period. Insigneo Advisory Services LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth about $1,663,000. AQR Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $361,000. Finally, Comerica Bank increased its position in Vanguard Mega Cap Growth ETF by 325.4% during the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after purchasing an additional 274,801 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.7 %

Vanguard Mega Cap Growth ETF stock opened at $354.29 on Thursday. The firm has a fifty day moving average of $345.63 and a 200-day moving average of $326.86. Vanguard Mega Cap Growth ETF has a 52-week low of $265.99 and a 52-week high of $358.61. The firm has a market capitalization of $23.45 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.