Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is FC Advisory LLC’s Largest Position

FC Advisory LLC lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,996 shares of the company’s stock after selling 444 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 10.4% of FC Advisory LLC’s portfolio, making the stock its biggest position. FC Advisory LLC owned about 0.14% of Vanguard Mega Cap Growth ETF worth $30,887,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Captrust Financial Advisors raised its position in Vanguard Mega Cap Growth ETF by 2.7% in the fourth quarter. Captrust Financial Advisors now owns 1,637,452 shares of the company’s stock worth $562,317,000 after acquiring an additional 42,594 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Mega Cap Growth ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after acquiring an additional 136,586 shares in the last quarter. Ameriprise Financial Inc. raised its position in Vanguard Mega Cap Growth ETF by 23.6% in the fourth quarter. Ameriprise Financial Inc. now owns 714,135 shares of the company’s stock worth $245,284,000 after acquiring an additional 136,347 shares in the last quarter. Angeles Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 5.3% in the fourth quarter. Angeles Wealth Management LLC now owns 518,675 shares of the company’s stock worth $178,118,000 after acquiring an additional 26,072 shares in the last quarter. Finally, Royal Bank of Canada raised its position in Vanguard Mega Cap Growth ETF by 6.5% in the fourth quarter. Royal Bank of Canada now owns 432,793 shares of the company’s stock worth $148,626,000 after acquiring an additional 26,268 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $345.35 on Friday. The stock has a fifty day moving average price of $315.87 and a two-hundred day moving average price of $333.03. The stock has a market capitalization of $25.68 billion, a price-to-earnings ratio of 36.62 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $358.64.

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.