Summit Wealth Partners LLC Sells 31 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Summit Wealth Partners LLC lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,012 shares of the company’s stock after selling 31 shares during the period. Summit Wealth Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $691,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Jackson Grant Investment Advisers Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 13.7% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 646 shares of the company’s stock valued at $222,000 after acquiring an additional 78 shares in the last quarter. Money Concepts Capital Corp boosted its holdings in Vanguard Mega Cap Growth ETF by 22.9% in the fourth quarter. Money Concepts Capital Corp now owns 6,068 shares of the company’s stock valued at $2,084,000 after acquiring an additional 1,132 shares in the last quarter. Jericho Financial LLP purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $233,000. Win Advisors Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $4,226,000. Finally, Stratos Investment Management LLC lifted its position in Vanguard Mega Cap Growth ETF by 25.9% during the fourth quarter. Stratos Investment Management LLC now owns 31,399 shares of the company’s stock valued at $10,783,000 after buying an additional 6,459 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.2 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $350.13 on Thursday. The firm has a market capitalization of $23.18 billion, a P/E ratio of 42.92 and a beta of 1.28. The business has a fifty day simple moving average of $348.41 and a two-hundred day simple moving average of $328.79. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.61.

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.