Davidson Trust Co. Sells 70 Shares of Vanguard Mega Cap Growth ETF $MGK

Davidson Trust Co. reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 780 shares of the company’s stock after selling 70 shares during the period. Davidson Trust Co.’s holdings in Vanguard Mega Cap Growth ETF were worth $286,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Dogwood Wealth Management LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $27,000. Safe Harbor Fiduciary LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $32,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $32,000. Valued Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $42,000. Finally, Signaturefd LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after buying an additional 125 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.8%

MGK opened at $399.21 on Wednesday. The company has a 50 day moving average of $392.97 and a 200 day moving average of $358.68. The company has a market cap of $30.94 billion, a PE ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $410.01.

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.