Vanguard Mega Cap Growth ETF $MGK Position Reduced by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,034 shares of the company’s stock after selling 28 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $745,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the first quarter worth approximately $217,000. Brown Advisory Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 7.3% during the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after purchasing an additional 315 shares in the last quarter. QRG Capital Management Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the first quarter worth approximately $464,000. Park Avenue Securities LLC raised its holdings in Vanguard Mega Cap Growth ETF by 23.0% during the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock worth $564,000 after purchasing an additional 341 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Vanguard Mega Cap Growth ETF by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 184,669 shares of the company’s stock worth $57,041,000 after purchasing an additional 969 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $401.12 on Wednesday. The stock has a market cap of $29.76 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $405.86. The stock’s 50 day moving average price is $385.28 and its 200 day moving average price is $349.55.

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.