Canvas Wealth Advisors LLC Cuts Holdings in Vanguard Mega Cap Growth ETF $MGK

Canvas Wealth Advisors LLC trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,363 shares of the company’s stock after selling 89 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $520,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 2.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,326 shares of the company’s stock valued at $488,000 after purchasing an additional 28 shares during the last quarter. MGO One Seven LLC boosted its stake in Vanguard Mega Cap Growth ETF by 0.4% during the 2nd quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock valued at $2,355,000 after purchasing an additional 28 shares during the last quarter. Venture Visionary Partners LLC boosted its stake in Vanguard Mega Cap Growth ETF by 3.9% during the 1st quarter. Venture Visionary Partners LLC now owns 806 shares of the company’s stock valued at $249,000 after purchasing an additional 30 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in Vanguard Mega Cap Growth ETF by 2.8% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock valued at $428,000 after purchasing an additional 32 shares during the last quarter. Finally, Wood Tarver Financial Group LLC boosted its stake in Vanguard Mega Cap Growth ETF by 17.9% during the 1st quarter. Wood Tarver Financial Group LLC now owns 231 shares of the company’s stock valued at $71,000 after purchasing an additional 35 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $402.66 on Monday. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $410.01. The company has a market cap of $31.21 billion, a P/E ratio of 37.33 and a beta of 1.11. The stock’s fifty day moving average price is $394.08 and its 200-day moving average price is $361.01.

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.