Vanguard Mega Cap Growth ETF $MGK Shares Sold by Philadelphia Trust Co.

Philadelphia Trust Co. decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 137,500 shares of the company’s stock after selling 15,000 shares during the period. Philadelphia Trust Co.’s holdings in Vanguard Mega Cap Growth ETF were worth $12,736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MGK. Concurrent Investment Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 328.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 236,260 shares of the company’s stock valued at $20,770,000 after purchasing an additional 181,082 shares during the period. RFG Advisory LLC increased its stake in Vanguard Mega Cap Growth ETF by 264.5% during the 2nd quarter. RFG Advisory LLC now owns 13,912 shares of the company’s stock worth $1,223,000 after purchasing an additional 10,095 shares in the last quarter. HB Wealth Management LLC increased its stake in Vanguard Mega Cap Growth ETF by 401.1% during the 2nd quarter. HB Wealth Management LLC now owns 379,143 shares of the company’s stock worth $33,331,000 after purchasing an additional 303,479 shares in the last quarter. Accel Wealth Management raised its holdings in Vanguard Mega Cap Growth ETF by 387.7% during the 2nd quarter. Accel Wealth Management now owns 9,890 shares of the company’s stock worth $869,000 after buying an additional 7,862 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 399.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.9%

Vanguard Mega Cap Growth ETF stock opened at $85.30 on Wednesday. The stock has a market capitalization of $32.24 billion, a PE ratio of 28.83 and a beta of 1.25. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $95.53. The company has a 50 day moving average of $90.57 and a 200-day moving average of $85.46.

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.