Meridian Wealth Management LLC Sells 140 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Meridian Wealth Management LLC reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,190 shares of the company’s stock after selling 140 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pittenger & Anderson Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 1.7% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after acquiring an additional 33 shares during the last quarter. Planning Directions Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 4.5% in the 4th quarter. Planning Directions Inc. now owns 957 shares of the company’s stock valued at $329,000 after acquiring an additional 41 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock valued at $315,000 after acquiring an additional 46 shares during the last quarter. Finally, Campbell Wealth Management increased its stake in shares of Vanguard Mega Cap Growth ETF by 2.4% in the 4th quarter. Campbell Wealth Management now owns 1,973 shares of the company’s stock valued at $677,000 after acquiring an additional 46 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock opened at $330.61 on Tuesday. The stock has a market cap of $24.28 billion, a PE ratio of 41.72 and a beta of 1.13. The stock has a 50-day moving average of $348.51 and a 200-day moving average of $334.88. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64.

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.