ProVise Management Group LLC Sells 40 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ProVise Management Group LLC lowered its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,494 shares of the company’s stock after selling 40 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $513,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $27,000. Mainstream Capital Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $31,000. Copley Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at about $33,000. Riggs Asset Managment Co. Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $40,000. Finally, Pittenger & Anderson Inc. increased its stake in Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after acquiring an additional 30 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 1.4 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $315.33 on Thursday. The stock has a market capitalization of $23.11 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64. The firm’s 50-day moving average price is $340.46 and its two-hundred day moving average price is $335.07.

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.