Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Short Interest Update

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 241,392 shares, a growth of 55.5% from the February 12th total of 155,285 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 610,533 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 610,533 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock traded down $4.33 during trading on Friday, reaching $379.08. 615,449 shares of the company were exchanged, compared to its average volume of 653,482. The stock’s 50 day moving average price is $397.67 and its 200 day moving average price is $403.25. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The company has a market cap of $29.74 billion, a P/E ratio of 37.33 and a beta of 1.18.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

A number of large investors have recently added to or reduced their stakes in MGK. Assetmark Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.0% in the fourth quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock valued at $3,546,038,000 after purchasing an additional 87,636 shares in the last quarter. Morgan Stanley raised its position in shares of Vanguard Mega Cap Growth ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after purchasing an additional 277,446 shares during the last quarter. Captrust Financial Advisors lifted its stake in Vanguard Mega Cap Growth ETF by 0.9% in the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after buying an additional 15,432 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Mega Cap Growth ETF by 0.4% during the 4th quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock valued at $484,531,000 after buying an additional 5,134 shares during the last quarter. Finally, UBS Group AG grew its holdings in Vanguard Mega Cap Growth ETF by 0.8% during the 4th quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock valued at $454,056,000 after buying an additional 9,098 shares during the last quarter.

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.