Grimes & Company Inc. reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 4.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,658 shares of the company’s stock after selling 129 shares during the period. Grimes & Company Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $821,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of MGK. Bank of Jackson Hole Trust bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth $27,000. 1620 Investment Advisors Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $30,000. Mainstream Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $31,000. Pittenger & Anderson Inc. boosted its position in Vanguard Mega Cap Growth ETF by 25.0% in the fourth 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. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $55,000.
Vanguard Mega Cap Growth ETF Price Performance
NYSEARCA MGK opened at $351.17 on Wednesday. The business’s fifty day moving average is $328.92 and its 200-day moving average is $334.28. The stock has a market capitalization of $26.19 billion, a price-to-earnings ratio of 38.23 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year 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.
See Also
- Five stocks we like better than Vanguard Mega Cap Growth ETF
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Analyst Downgrades Joby, But Overlooks Major Regulatory Wins
- What Are Trending Stocks? Trending Stocks Explained
- U.S. Steel Stock Burns the Bears With Surprise Upside Move
- What is the Shanghai Stock Exchange Composite Index?
- Lululemon, UNH, Enphase: Bad News, Good Opportunity?
Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report).
Receive News & Ratings for Vanguard Mega Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
