Vanguard Mega Cap Growth ETF $MGK Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,625 shares of the company’s stock after selling 265 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Mega Cap Growth ETF were worth $961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Consolidated Planning Corp increased its holdings in Vanguard Mega Cap Growth ETF by 1,507.1% in the 2nd quarter. Consolidated Planning Corp now owns 12,391 shares of the company’s stock valued at $4,537,000 after purchasing an additional 11,620 shares in the last quarter. Clarity Financial LLC increased its holdings in Vanguard Mega Cap Growth ETF by 80.2% in the 2nd quarter. Clarity Financial LLC now owns 73,621 shares of the company’s stock valued at $26,958,000 after purchasing an additional 32,755 shares in the last quarter. Dogwood Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $27,000. Trilogy Capital Inc. boosted its position in Vanguard Mega Cap Growth ETF by 4,070.3% in the 2nd quarter. Trilogy Capital Inc. now owns 29,192 shares of the company’s stock valued at $10,689,000 after buying an additional 28,492 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 19.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 343 shares of the company’s stock valued at $126,000 after buying an additional 55 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK opened at $405.23 on Friday. The firm has a 50-day moving average of $388.94 and a two-hundred day moving average of $353.60. The stock has a market cap of $30.06 billion, a P/E ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $406.88.

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.