Bey Douglas LLC Lowers Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Bey Douglas LLC trimmed its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,387 shares of the company’s stock after selling 31 shares during the period. Vanguard Mega Cap Growth ETF accounts for 0.4% of Bey Douglas LLC’s investment portfolio, making the stock its 23rd biggest position. Bey Douglas LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $476,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter worth approximately $33,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $40,000. Bfsg LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 386.7% in the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after buying an additional 116 shares during the last quarter. Finally, Valley National Advisers Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $55,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $356.46 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.61. The company has a fifty day moving average of $349.36 and a 200-day moving average of $330.51. The company has a market capitalization of $23.59 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.