Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Pitcairn Co.

Pitcairn Co. trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.4% during the fourth quarter, Holdings Channel reports. The firm owned 1,201 shares of the company’s stock after selling 42 shares during the quarter. Pitcairn Co.’s holdings in Vanguard Mega Cap Growth ETF were worth $412,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. World Investment Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after purchasing an additional 632,921 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 34,241.0% during the fourth quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock valued at $135,030,000 after acquiring an additional 392,059 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $82,803,000. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth about $79,888,000. Finally, LPL Financial LLC lifted its position in Vanguard Mega Cap Growth ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock valued at $371,183,000 after purchasing an additional 136,586 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 6.0 %

Vanguard Mega Cap Growth ETF stock opened at $277.82 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The firm has a market capitalization of $20.25 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15. The firm has a 50-day moving average price of $332.04 and a two-hundred day moving average price of $335.28.

Vanguard Mega Cap Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.3397 per share. The ex-dividend date was Thursday, March 27th. This is an increase from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.