Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stake Lessened by Grimes & Company Inc.

Grimes & Company Inc. lowered its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,787 shares of the company’s stock after selling 80 shares during the period. Grimes & Company Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $957,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Assetmark Inc. lifted its holdings in shares of 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 purchasing an additional 271,905 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.1% in the third 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 in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 756.3% in the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after purchasing an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC raised its holdings in shares of 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 acquiring an additional 632,921 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 0.5% during the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after acquiring an additional 2,623 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.6 %

Shares of NYSEARCA:MGK opened at $353.62 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $265.99 and a 1 year high of $358.61. The business has a fifty day simple moving average of $346.42 and a 200 day simple moving average of $327.25. The firm has a market cap of $23.41 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.