Vanguard Mega Cap Growth ETF $MGK is Means Investment CO. Inc.’s 8th Largest Position

Means Investment CO. Inc. decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,738 shares of the company’s stock after selling 7,262 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 3.4% of Means Investment CO. Inc.’s portfolio, making the stock its 8th largest position. Means Investment CO. Inc. owned about 0.13% of Vanguard Mega Cap Growth ETF worth $39,734,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 159.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock valued at $27,179,000 after purchasing an additional 45,667 shares in the last quarter. First Horizon Corp bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $1,351,000. Beaumont Asset Management L.L.C. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 271.2% during the 3rd quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock valued at $2,508,000 after buying an additional 4,554 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 9.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 36,652 shares of the company’s stock valued at $14,749,000 after buying an additional 3,046 shares in the last quarter. Finally, DT Investment Partners LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 4,887.2% in the 3rd quarter. DT Investment Partners LLC now owns 89,421 shares of the company’s stock worth $35,985,000 after buying an additional 87,628 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 1.0%

NYSEARCA:MGK opened at $397.48 on Tuesday. The business’s 50-day simple moving average is $410.11 and its two-hundred day simple moving average is $402.43. The stock has a market cap of $31.18 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80.

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.