Vanguard Mega Cap Growth ETF $MGK Shares Sold by Fischer Investment Strategies LLC

Fischer Investment Strategies LLC reduced its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 14.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 7,352 shares of the company’s stock after selling 1,285 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 1.8% of Fischer Investment Strategies LLC’s holdings, making the stock its 17th largest position. Fischer Investment Strategies LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,692,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Dogwood Wealth Management LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $27,000. Safe Harbor Fiduciary LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $32,000. Valued Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $42,000. Finally, Signaturefd LLC increased its stake in Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock valued at $51,000 after buying an additional 125 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $394.96 on Friday. The firm has a market capitalization of $30.61 billion, a P/E ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $410.01. The company’s fifty day moving average is $392.04 and its two-hundred day moving average is $357.19.

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.