Cape Investment Advisory Inc. Trims Stock Position in Vanguard Mega Cap Growth ETF $MGK

Cape Investment Advisory Inc. trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,246 shares of the company’s stock after selling 47 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $385,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 3.5% in the first quarter. Assetmark Inc. now owns 7,716,979 shares of the company’s stock worth $2,383,620,000 after purchasing an additional 258,515 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 12.7% in the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock worth $248,910,000 after purchasing an additional 90,984 shares during the last quarter. Angeles Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 3.0% during the first quarter. Angeles Wealth Management LLC now owns 534,450 shares of the company’s stock worth $165,081,000 after buying an additional 15,775 shares during the period. Royal Bank of Canada lifted its stake in shares of Vanguard Mega Cap Growth ETF by 6.5% during the fourth quarter. Royal Bank of Canada now owns 432,793 shares of the company’s stock worth $148,626,000 after buying an additional 26,268 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 5.9% during the first quarter. Cerity Partners LLC now owns 417,948 shares of the company’s stock worth $129,096,000 after buying an additional 23,377 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.3%

NYSEARCA:MGK opened at $386.97 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $391.23. The firm has a fifty day simple moving average of $378.42 and a 200-day simple moving average of $344.56. The company has a market capitalization of $28.71 billion, a P/E ratio of 37.33 and a beta of 1.11.

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.