Wells Financial Advisors INC Sells 11,935 Shares of Vanguard Mega Cap Growth ETF $MGK

Wells Financial Advisors INC decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 71.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,800 shares of the company’s stock after selling 11,935 shares during the period. Vanguard Mega Cap Growth ETF accounts for 8.0% of Wells Financial Advisors INC’s portfolio, making the stock its 3rd largest position. Wells Financial Advisors INC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,764,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGK. Ancora Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 31 shares during the last quarter. Aventura Private Wealth LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $28,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $32,000. Costello Asset Management INC grew its position in shares of Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after buying an additional 50 shares during the period. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 350.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after buying an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $86.83 on Monday. The firm has a 50 day simple moving average of $88.16 and a 200 day simple moving average of $82.51. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38. The company has a market cap of $32.67 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.