Alpha Cubed Investments LLC Sells 31 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Alpha Cubed Investments LLC reduced its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,801 shares of the company’s stock after selling 31 shares during the period. Alpha Cubed Investments LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,053,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after acquiring an additional 271,905 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 2.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after purchasing an additional 74,966 shares during the last quarter. Captrust Financial Advisors grew its holdings 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 purchasing an additional 1,408,609 shares during the period. World Investment Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after buying an additional 2,623 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.4 %

MGK opened at $346.91 on Tuesday. The stock has a market cap of $22.96 billion, a PE ratio of 42.92 and a beta of 1.28. The stock’s fifty day simple moving average is $345.19 and its 200 day simple moving average is $326.51. Vanguard Mega Cap Growth ETF has a 1-year low of $261.32 and a 1-year high of $358.61.

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.