Sterling Investment Counsel LLC Reduces Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sterling Investment Counsel LLC lessened its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,068 shares of the company’s stock after selling 77 shares during the quarter. Sterling Investment Counsel LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $367,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 37.7% during the 2nd quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock worth $2,985,000 after acquiring an additional 2,601 shares during the last quarter. AQR Capital Management LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth $361,000. Creative Planning lifted its position in Vanguard Mega Cap Growth ETF by 3.1% during the second quarter. Creative Planning now owns 142,779 shares of the company’s stock valued at $44,863,000 after purchasing an additional 4,245 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the second quarter valued at about $306,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Mega Cap Growth ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 91,807 shares of the company’s stock valued at $28,847,000 after purchasing an additional 4,120 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 2.8 %

NYSEARCA MGK opened at $343.85 on Tuesday. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61. The company has a market capitalization of $22.76 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s 50-day moving average price is $346.64 and its 200-day moving average price is $327.38.

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.