Wealth Enhancement Advisory Services LLC Lowers Stake in Vanguard Mega Cap Growth ETF $MGK

Wealth Enhancement Advisory Services LLC trimmed its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 21.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 132,143 shares of the company’s stock after selling 35,190 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.17% of Vanguard Mega Cap Growth ETF worth $53,465,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its position in Vanguard Mega Cap Growth ETF by 139.5% in the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after acquiring an additional 879 shares during the period. AQR Capital Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 127.3% in the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock valued at $1,183,000 after purchasing an additional 2,145 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock worth $33,138,000 after purchasing an additional 1,483 shares during the last quarter. Maridea Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 45.3% during the second quarter. Maridea Wealth Management LLC now owns 1,488 shares of the company’s stock worth $545,000 after purchasing an additional 464 shares during the period. Finally, CX Institutional grew its position in Vanguard Mega Cap Growth ETF by 14.4% in the 2nd quarter. CX Institutional now owns 195,369 shares of the company’s stock valued at $71,538,000 after buying an additional 24,634 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK traded down $7.01 during trading on Tuesday, hitting $401.27. The stock had a trading volume of 80,608 shares, compared to its average volume of 808,858. The firm has a market capitalization of $31.48 billion, a P/E ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The company’s 50-day moving average price is $411.80 and its 200 day moving average price is $399.21.

Vanguard Mega Cap Growth ETF 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.