Blackston Financial Advisory Group LLC Has $17.43 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

Blackston Financial Advisory Group LLC cut its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,588 shares of the company’s stock after selling 2,336 shares during the period. Vanguard Mega Cap Growth ETF comprises about 7.9% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 2nd largest position. Blackston Financial Advisory Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $17,425,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Hazlett Burt & Watson Inc. lifted its holdings 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 buying an additional 28 shares in the last quarter. MGO One Seven LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.4% during the second quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock worth $2,355,000 after acquiring an additional 28 shares during the period. Keybank National Association OH increased its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the second quarter. Keybank National Association OH now owns 5,449 shares of the company’s stock worth $1,995,000 after acquiring an additional 28 shares during the period. Venture Visionary Partners LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 3.9% during the first quarter. Venture Visionary Partners LLC now owns 806 shares of the company’s stock valued at $249,000 after acquiring an additional 30 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 2.8% during the second quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock valued at $428,000 after acquiring an additional 32 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.4%

Shares of NYSEARCA:MGK opened at $407.90 on Monday. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The stock has a market cap of $31.62 billion, a P/E ratio of 37.33 and a beta of 1.18. The business’s 50 day moving average is $402.91 and its 200 day moving average is $374.48.

About Vanguard Mega Cap Growth ETF

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.