Summit Wealth Partners LLC Lowers Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Summit Wealth Partners LLC decreased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,012 shares of the company’s stock after selling 31 shares during the period. Summit Wealth Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $691,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of MGK. Captrust Financial Advisors grew its stake in shares of Vanguard Mega Cap Growth ETF by 756.3% during 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 during the period. World Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares in the last quarter. Assetmark Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 3.8% in the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 32,115.7% in the 3rd quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after purchasing an additional 128,784 shares in the last quarter. Finally, RFP Financial Group LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 592.1% in the 3rd quarter. RFP Financial Group LLC now owns 119,122 shares of the company’s stock worth $38,351,000 after purchasing an additional 101,910 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.2 %

NYSEARCA MGK opened at $350.13 on Thursday. The stock’s 50 day moving average is $348.41 and its 200 day moving average is $328.79. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.61. The stock has a market cap of $23.18 billion, a PE ratio of 42.92 and a beta of 1.28.

About Vanguard Mega Cap Growth ETF

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.