Baird Financial Group Inc. Sells 192 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Baird Financial Group Inc. trimmed its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,110 shares of the company’s stock after selling 192 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of Jackson Hole Trust bought a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $27,000. 1620 Investment Advisors Inc. bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth $30,000. Mainstream Capital Management LLC acquired a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $31,000. Riggs Asset Managment Co. Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $40,000. Finally, Pittenger & Anderson Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after acquiring an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $323.29 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $358.64. The business’s 50-day moving average is $308.53 and its 200-day moving average is $331.78. The company has a market capitalization of $23.68 billion, a price-to-earnings ratio of 36.41 and a beta of 1.20.

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.