Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Hengehold Capital Management LLC

Hengehold Capital Management LLC reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 154,281 shares of the company’s stock after selling 11,553 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 5.0% of Hengehold Capital Management LLC’s holdings, making the stock its 3rd largest holding. Hengehold Capital Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $52,982,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MGK. Peterson Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Copley Financial Group Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Bfsg LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 386.7% during the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after buying an additional 116 shares during the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth about $48,000. Finally, Valley National Advisers Inc. bought a new position in Vanguard Mega Cap Growth ETF in the third quarter worth about $55,000.

Vanguard Mega Cap Growth ETF Stock Up 0.4 %

Shares of MGK stock opened at $355.61 on Friday. The business has a 50 day moving average of $345.97 and a two-hundred day moving average of $327.06. The company has a market cap of $23.54 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61.

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.