Vanguard Mega Cap Growth ETF $MGK Holdings Lowered by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 168,403 shares of the company’s stock after selling 448 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 9.3% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. Gratus Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $61,664,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Sequoia Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $217,000. Brown Advisory Inc. increased its position in Vanguard Mega Cap Growth ETF by 7.3% during the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after buying an additional 315 shares during the period. QRG Capital Management Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the first quarter valued at approximately $464,000. Park Avenue Securities LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 23.0% in the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock valued at $564,000 after acquiring an additional 341 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 184,669 shares of the company’s stock valued at $57,041,000 after acquiring an additional 969 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $403.68 on Monday. The firm’s fifty day simple moving average is $389.42 and its 200-day simple moving average is $354.79. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $406.88. The stock has a market capitalization of $30.92 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

Vanguard Mega Cap Growth ETF 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.