TIAA Trust National Association Sells 148 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

TIAA Trust National Association decreased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,384 shares of the company’s stock after selling 148 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Mega Cap Growth ETF were worth $475,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MGK. Fisher Asset Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 3.8% during the 3rd quarter. Fisher Asset Management LLC now owns 10,415 shares of the company’s stock valued at $3,353,000 after purchasing an additional 381 shares during the last quarter. FMR LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 12.7% in the third quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after buying an additional 2,704 shares during the period. CreativeOne Wealth LLC grew its position in Vanguard Mega Cap Growth ETF by 185.5% during the third quarter. CreativeOne Wealth LLC now owns 4,971 shares of the company’s stock worth $1,601,000 after buying an additional 3,230 shares in the last quarter. Financial Counselors Inc. increased its stake in Vanguard Mega Cap Growth ETF by 16.4% during the third quarter. Financial Counselors Inc. now owns 3,370 shares of the company’s stock valued at $1,085,000 after acquiring an additional 475 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after acquiring an additional 1,408,609 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.6 %

Shares of MGK stock opened at $316.97 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The company has a market capitalization of $23.10 billion, a P/E ratio of 35.83 and a beta of 1.15. The stock has a 50 day moving average of $337.84 and a two-hundred day moving average of $335.44.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.3397 dividend. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31. The ex-dividend date is Thursday, March 27th.

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.