Comerica Bank Sells 19,385 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Comerica Bank trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 375,073 shares of the company’s stock after selling 19,385 shares during the period. Vanguard Mega Cap Growth ETF comprises 0.5% of Comerica Bank’s holdings, making the stock its 28th largest position. Comerica Bank owned approximately 0.57% of Vanguard Mega Cap Growth ETF worth $128,804,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Bank of Jackson Hole Trust bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $27,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth $30,000. Mainstream Capital Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $31,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $315.79 on Wednesday. The stock has a 50-day simple moving average of $311.17 and a 200 day simple moving average of $332.09. The stock has a market capitalization of $22.96 billion, a P/E ratio of 32.92 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $358.64.

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.