US Bancorp DE Sells 99 Shares of Vanguard Mega Cap Growth ETF $MGK

US Bancorp DE lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 44,234 shares of the company’s stock after selling 99 shares during the period. US Bancorp DE’s holdings in Vanguard Mega Cap Growth ETF were worth $16,221,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 139.5% during the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after buying an additional 879 shares during the period. Park Avenue Securities LLC increased its stake in shares of 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 valued at $564,000 after buying an additional 341 shares during the period. Simon Quick Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $335,000. Griffin Asset Management Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 87.2% during the first quarter. Griffin Asset Management Inc. now owns 3,784 shares of the company’s stock valued at $1,169,000 after buying an additional 1,763 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of 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 valued at $57,041,000 after buying an additional 969 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $394.96 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $410.01. The stock has a market capitalization of $30.61 billion, a PE ratio of 37.33 and a beta of 1.11. The stock’s 50 day moving average price is $392.04 and its 200-day moving average price is $357.19.

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.