ProVise Management Group LLC Sells 40 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ProVise Management Group LLC trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,494 shares of the company’s stock after selling 40 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $513,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $27,000. Mainstream Capital Management LLC acquired a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $31,000. Copley Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $33,000. Riggs Asset Managment Co. Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $40,000. Finally, Pittenger & Anderson Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $315.33 on Thursday. The firm’s fifty day moving average is $340.46 and its two-hundred day moving average is $335.07. The firm has a market cap of $23.11 billion, a PE ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.64.

Vanguard Mega Cap Growth ETF Company 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.