Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stock Position Decreased by Raymond James & Associates

Raymond James & Associates trimmed its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,963 shares of the company’s stock after selling 5,814 shares during the period. Raymond James & Associates owned about 0.13% of Vanguard Mega Cap Growth ETF worth $28,642,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. PSI Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $25,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at $31,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter valued at $35,000. New England Capital Financial Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 68.2% in the 1st quarter. New England Capital Financial Advisors LLC now owns 148 shares of the company’s stock worth $42,000 after acquiring an additional 60 shares in the last quarter. Finally, Pineridge Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 115.7% during the 1st quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after acquiring an additional 81 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $324.56 on Thursday. The business’s 50-day moving average is $317.26 and its 200-day moving average is $305.36. The company has a market capitalization of $21.48 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $330.79.

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.