Canvas Wealth Advisors LLC Reduces Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Canvas Wealth Advisors LLC reduced its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,444 shares of the company’s stock after selling 57 shares during the period. Canvas Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $496,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 3.8% in the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. Cassaday & Co Wealth Management LLC increased 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 during the last quarter. Captrust Financial Advisors increased 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 during the last quarter. World Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd 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 during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after acquiring an additional 2,623 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.2 %

Shares of MGK opened at $348.69 on Monday. The firm has a 50-day moving average price of $348.91 and a 200 day moving average price of $329.46. The firm has a market capitalization of $23.08 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.61.

Vanguard Mega Cap Growth ETF Company 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.