Vanguard Mega Cap Growth ETF $MGK Holdings Lowered by CX Institutional

CX Institutional decreased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 22.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 150,740 shares of the company’s stock after selling 44,629 shares during the period. Vanguard Mega Cap Growth ETF makes up about 1.8% of CX Institutional’s holdings, making the stock its 9th biggest holding. CX Institutional’s holdings in Vanguard Mega Cap Growth ETF were worth $60,661,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MGK. Vestmark Advisory Solutions Inc. raised its stake in Vanguard Mega Cap Growth ETF by 159.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock worth $27,179,000 after buying an additional 45,667 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $77,000. Allspring Global Investments Holdings LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 9.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 36,652 shares of the company’s stock worth $14,749,000 after acquiring an additional 3,046 shares in the last quarter. Fifth Third Securities Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 110.8% in the 3rd quarter. Fifth Third Securities Inc. now owns 10,289 shares of the company’s stock worth $4,140,000 after acquiring an additional 5,408 shares in the last quarter. Finally, Ascent Group LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 751.8% in the 3rd quarter. Ascent Group LLC now owns 8,484 shares of the company’s stock valued at $3,414,000 after purchasing an additional 7,488 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.3%

Shares of MGK stock opened at $413.31 on Wednesday. The business’s fifty day moving average is $412.83 and its 200 day moving average is $396.07. The stock has a market cap of $32.48 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80.

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.