TFB Advisors LLC Has $15.61 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

TFB Advisors LLC reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 45,457 shares of the company’s stock after selling 860 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 4.5% of TFB Advisors LLC’s portfolio, making the stock its 2nd biggest position. TFB Advisors LLC owned about 0.07% of Vanguard Mega Cap Growth ETF worth $15,610,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGK. Leavell Investment Management Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 2.9% in the 4th quarter. Leavell Investment Management Inc. now owns 115,811 shares of the company’s stock worth $39,771,000 after buying an additional 3,298 shares during the last quarter. Towneley Capital Management Inc DE purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $226,000. Sovran Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $1,874,000. Stonebridge Financial Group LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $330,000. Finally, Focus Financial Network Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 296.7% in the 4th quarter. Focus Financial Network Inc. now owns 9,149 shares of the company’s stock worth $3,142,000 after buying an additional 6,843 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2 %

Vanguard Mega Cap Growth ETF stock opened at $351.73 on Wednesday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.61. The business’s 50 day simple moving average is $349.22 and its 200 day simple moving average is $330.18. The company has a market cap of $23.28 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.