AE Wealth Management LLC Lowers Position in Vanguard Mega Cap Growth ETF $MGK

AE Wealth Management LLC reduced its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 40.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,740 shares of the company’s stock after selling 7,849 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,724,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MGK. Harbor Asset Planning Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $28,000. Atlantic Union Bankshares Corp purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $30,000. Dynamic Wealth Strategies LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $44,000. North Star Investment Management Corp. raised its position in Vanguard Mega Cap Growth ETF by 182.1% in the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock valued at $44,000 after purchasing an additional 71 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 463.6% during the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock worth $45,000 after purchasing an additional 102 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.8%

MGK opened at $405.85 on Friday. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80. The business has a fifty day simple moving average of $412.05 and a 200-day simple moving average of $401.39. The firm has a market cap of $31.83 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.