Means Investment CO. Inc. Decreases Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Means Investment CO. Inc. lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,363 shares of the company’s stock after selling 2,348 shares during the period. Vanguard Mega Cap Growth ETF accounts for 9.4% of Means Investment CO. Inc.’s holdings, making the stock its 2nd largest holding. Means Investment CO. Inc. owned approximately 0.40% of Vanguard Mega Cap Growth ETF worth $90,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of MGK. Riggs Asset Managment Co. Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $40,000. U.S. Capital Wealth Advisors LLC grew its position in Vanguard Mega Cap Growth ETF by 1.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock worth $667,000 after acquiring an additional 33 shares in the last quarter. Spire Wealth Management increased its position in shares of Vanguard Mega Cap Growth ETF by 5.2% during the 4th quarter. Spire Wealth Management now owns 2,028 shares of the company’s stock valued at $696,000 after purchasing an additional 101 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 3.7% in the fourth quarter. Richardson Financial Services Inc. now owns 1,642 shares of the company’s stock worth $569,000 after purchasing an additional 59 shares during the last quarter. Finally, ODonnell Financial Services LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.6% in the fourth quarter. ODonnell Financial Services LLC now owns 47,029 shares of the company’s stock valued at $15,045,000 after acquiring an additional 299 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.5 %

NYSEARCA:MGK opened at $348.18 on Monday. The company has a market cap of $23.05 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12 month low of $265.99 and a 12 month high of $358.61. The company has a 50 day simple moving average of $347.78 and a two-hundred day simple moving average of $328.15.

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.