Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Horizon Investment Services LLC

Horizon Investment Services LLC lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,121 shares of the company’s stock after selling 367 shares during the quarter. Vanguard Mega Cap Growth ETF makes up about 1.6% of Horizon Investment Services LLC’s investment portfolio, making the stock its 21st largest holding. Horizon Investment Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,819,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in MGK. Fisher Asset Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Fisher Asset Management LLC now owns 10,415 shares of the company’s stock valued at $3,353,000 after buying an additional 381 shares in the last quarter. FMR LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 12.7% during the 3rd quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after acquiring an additional 2,704 shares in the last quarter. CreativeOne Wealth LLC lifted its stake 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 purchasing an additional 3,230 shares during the last quarter. Financial Counselors Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 16.4% in the third quarter. Financial Counselors Inc. now owns 3,370 shares of the company’s stock worth $1,085,000 after purchasing an additional 475 shares during the period. Finally, Captrust Financial Advisors lifted its position in shares of 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 worth $513,465,000 after buying an additional 1,408,609 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $308.50 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64. The company has a 50-day simple moving average of $337.07 and a 200-day simple moving average of $335.48. The firm has a market capitalization of $22.49 billion, a PE ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.3397 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.