Wealthfront Advisers LLC Sells 1,748 Shares of Vanguard Mega Cap Growth ETF $MGK

Wealthfront Advisers LLC lessened its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,714 shares of the company’s stock after selling 1,748 shares during the quarter. Wealthfront Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $21,865,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MGK. Assetmark Inc. raised its position in Vanguard Mega Cap Growth ETF by 3.5% in the 1st 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 period. Ameriprise Financial Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 12.7% during the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock valued at $248,910,000 after buying an additional 90,984 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 7.7% during the second quarter. Angeles Wealth Management LLC now owns 575,440 shares of the company’s stock valued at $210,709,000 after buying an additional 40,990 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 5.9% in 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. Finally, Comerica Bank lifted its stake in shares of Vanguard Mega Cap Growth ETF by 4.7% during the 1st quarter. Comerica Bank now owns 392,539 shares of the company’s stock worth $121,248,000 after acquiring an additional 17,466 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.1%

MGK opened at $411.96 on Friday. The business has a fifty day moving average of $396.07 and a 200 day moving average of $365.00. The stock has a market cap of $31.93 billion, a P/E ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $412.98.

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.