Avior Wealth Management LLC Decreases Stake in Vanguard Mega Cap Growth ETF $MGK

Avior Wealth Management LLC trimmed its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 58,008 shares of the company’s stock after selling 8,938 shares during the period. Avior Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $23,944,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Assetmark Inc. raised its stake in Vanguard Mega Cap Growth ETF by 7.0% in the third quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock valued at $3,421,856,000 after buying an additional 558,602 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after acquiring an additional 15,432 shares in the last quarter. UBS Group AG boosted its position in shares of Vanguard Mega Cap Growth ETF by 12.6% during the 3rd quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock worth $439,009,000 after acquiring an additional 122,275 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $335,586,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 798,935 shares of the company’s stock valued at $321,546,000 after acquiring an additional 17,254 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.4%

MGK stock opened at $377.23 on Friday. The stock has a market cap of $29.59 billion, a P/E 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. The company’s 50 day moving average is $395.09 and its two-hundred day moving average is $402.98.

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.