US Bancorp DE Has $14.08 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

US Bancorp DE lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,118 shares of the company’s stock after selling 1,836 shares during the period. US Bancorp DE owned 0.07% of Vanguard Mega Cap Growth ETF worth $14,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wedmont Private Capital acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth $235,000. Dfpg Investments LLC lifted its position in Vanguard Mega Cap Growth ETF by 9.9% in the fourth quarter. Dfpg Investments LLC now owns 3,499 shares of the company’s stock worth $885,000 after purchasing an additional 314 shares during the period. Marcum Wealth LLC bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth $243,000. Creative Financial Designs Inc. ADV lifted its position in Vanguard Mega Cap Growth ETF by 18.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 7,621 shares of the company’s stock worth $1,978,000 after purchasing an additional 1,188 shares during the period. Finally, Falcon Wealth Planning lifted its position in Vanguard Mega Cap Growth ETF by 139.6% in the fourth quarter. Falcon Wealth Planning now owns 44,275 shares of the company’s stock worth $11,490,000 after purchasing an additional 25,793 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.2 %

MGK stock traded down $0.63 during midday trading on Tuesday, hitting $324.78. The stock had a trading volume of 471,100 shares, compared to its average volume of 320,738. The firm has a market capitalization of $21.50 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36. The stock has a 50-day simple moving average of $306.57 and a 200 day simple moving average of $287.28.

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.