Ausdal Financial Partners Inc. Has $1.37 Million Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Ausdal Financial Partners Inc. cut its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,991 shares of the company’s stock after selling 161 shares during the period. Ausdal Financial Partners Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,370,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MGK. Captrust Financial Advisors increased its position in Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after buying an additional 1,408,609 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after acquiring an additional 136,586 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after acquiring an additional 632,921 shares during the last quarter. Angeles Wealth Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Angeles Wealth Management LLC now owns 518,675 shares of the company’s stock valued at $178,118,000 after acquiring an additional 26,072 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 34,241.0% in the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after purchasing an additional 392,059 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 2.3 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $318.80 on Thursday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64. The stock has a market capitalization of $23.24 billion, a P/E ratio of 35.83 and a beta of 1.15. The stock has a 50 day moving average price of $338.35 and a two-hundred day moving average price of $335.57.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.3397 dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.