Diversify Advisory Services LLC Reduces Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Diversify Advisory Services LLC trimmed its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,663 shares of the company’s stock after selling 121 shares during the period. Diversify Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Client 1ST Advisory Group LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $1,008,000. Ballast Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $218,000. Kera Capital Partners Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $828,000. Ameritas Advisory Services LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock valued at $12,938,000 after purchasing an additional 21,417 shares during the period. Finally, HB Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 10.3% in the 4th quarter. HB Wealth Management LLC now owns 73,253 shares of the company’s stock worth $25,156,000 after purchasing an additional 6,849 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 1.4 %

MGK opened at $346.91 on Tuesday. Vanguard Mega Cap Growth ETF has a 12-month low of $261.32 and a 12-month high of $358.61. The company has a market cap of $22.96 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company’s 50 day moving average is $345.19 and its 200 day moving average is $326.51.

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.