Royal Fund Management LLC Decreases Holdings in Vanguard Mega Cap Growth ETF $MGK

Royal Fund Management LLC trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 18.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 17,611 shares of the company’s stock after selling 3,990 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $7,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. U.S. Capital Wealth Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 1.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock valued at $779,000 after acquiring an additional 25 shares during the period. Hazlett Burt & Watson Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,326 shares of the company’s stock valued at $488,000 after purchasing an additional 28 shares during the last quarter. MGO One Seven LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.4% during the 2nd quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock valued at $2,355,000 after purchasing an additional 28 shares during the last quarter. Keybank National Association OH lifted its stake in shares of Vanguard Mega Cap Growth ETF by 0.5% in the 2nd quarter. Keybank National Association OH now owns 5,449 shares of the company’s stock worth $1,995,000 after purchasing an additional 28 shares during the period. Finally, Perigon Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% in the second quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock worth $428,000 after buying an additional 32 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.1%

Shares of NYSEARCA MGK opened at $408.28 on Monday. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The firm has a market capitalization of $32.03 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. The firm has a 50 day moving average of $411.99 and a 200 day moving average of $398.93.

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.