Vanguard Mega Cap Growth ETF $MGK Stake Trimmed by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 83.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,093 shares of the company’s stock after selling 159,332 shares during the period. Vanguard Mega Cap Growth ETF makes up about 1.3% of Capstone Wealth Management Group LLC’s investment portfolio, making the stock its 21st largest position. Capstone Wealth Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,881,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC bought a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at $397,940,000. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 399.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares during the last quarter. Angeles Wealth Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 402.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock valued at $252,281,000 after buying an additional 2,298,377 shares in the last quarter. Praetorian Wealth Management Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 407.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock valued at $75,183,000 after buying an additional 686,835 shares in the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at about $56,449,000.

Vanguard Mega Cap Growth ETF Trading Up 1.7%

Shares of NYSEARCA:MGK opened at $86.77 on Thursday. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53. The company has a 50-day moving average price of $90.52 and a 200 day moving average price of $85.48. The company has a market cap of $32.80 billion, a price-to-earnings ratio of 28.83 and a beta of 1.25.

Vanguard Mega Cap Growth ETF 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.