Howard Capital Management Inc. Has $508.93 Million Position in Vanguard Mega Cap Growth ETF $MGK

Howard Capital Management Inc. lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,264,663 shares of the company’s stock after selling 5,329 shares during the period. Vanguard Mega Cap Growth ETF makes up 5.5% of Howard Capital Management Inc.’s portfolio, making the stock its 4th biggest position. Howard Capital Management Inc. owned approximately 1.63% of Vanguard Mega Cap Growth ETF worth $508,926,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Harbor Asset Planning Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $28,000. Atlantic Union Bankshares Corp bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $30,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $44,000. North Star Investment Management Corp. increased its position in shares of Vanguard Mega Cap Growth ETF by 182.1% in the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock valued at $44,000 after buying an additional 71 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 463.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock worth $45,000 after buying an additional 102 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.8%

NYSEARCA:MGK opened at $405.85 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The stock has a 50-day moving average price of $412.05 and a two-hundred day moving average price of $401.18. The stock has a market cap of $31.83 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.