Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Jackson Wealth Management LLC

Jackson Wealth Management LLC decreased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 17,488 shares of the company’s stock after selling 274 shares during the period. Jackson Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Assetmark Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 3.7% in the 4th quarter. Assetmark Inc. now owns 6,890,694 shares of the company’s stock worth $1,788,204,000 after purchasing an additional 248,776 shares during the last quarter. Kensington Asset Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 4.5% in the 1st quarter. Kensington Asset Management LLC now owns 461,700 shares of the company’s stock worth $132,328,000 after purchasing an additional 20,000 shares during the last quarter. Angeles Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 20.7% in the 1st quarter. Angeles Wealth Management LLC now owns 420,090 shares of the company’s stock worth $120,402,000 after purchasing an additional 71,979 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth about $81,857,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 257,769 shares of the company’s stock worth $73,879,000 after purchasing an additional 2,291 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 2.0 %

Shares of MGK traded down $6.16 during midday trading on Friday, hitting $295.85. The company had a trading volume of 568,290 shares, compared to its average volume of 327,772. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36. The company’s 50 day moving average price is $310.79 and its 200 day moving average price is $291.52. The stock has a market cap of $19.58 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.