Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stock Position Lessened by TFB Advisors LLC

TFB Advisors LLC lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.9% during the 4th quarter, HoldingsChannel reports. The fund owned 45,457 shares of the company’s stock after selling 860 shares during the period. Vanguard Mega Cap Growth ETF comprises 4.5% of TFB Advisors LLC’s portfolio, making the stock its 2nd biggest holding. TFB Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $15,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MGK. AQR Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $361,000. Concourse Financial Group Securities Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 5.1% in the third quarter. Concourse Financial Group Securities Inc. now owns 2,731 shares of the company’s stock worth $879,000 after purchasing an additional 133 shares during the period. Procyon Advisors LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 1.5% in the third quarter. Procyon Advisors LLC now owns 6,083 shares of the company’s stock worth $1,958,000 after purchasing an additional 90 shares during the period. CX Institutional increased its holdings in shares of Vanguard Mega Cap Growth ETF by 8.2% in the third quarter. CX Institutional now owns 141,755 shares of the company’s stock worth $45,638,000 after purchasing an additional 10,778 shares during the period. Finally, Zhang Financial LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 10.7% in the third quarter. Zhang Financial LLC now owns 14,237 shares of the company’s stock worth $4,584,000 after purchasing an additional 1,371 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $351.73 on Wednesday. The stock has a market cap of $23.28 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.61. The firm’s fifty day moving average price is $349.22 and its 200-day moving average price is $330.18.

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.