Vestmark Advisory Solutions Inc. Sells 36,501 Shares of Vanguard Mega Cap Growth ETF $MGK

Vestmark Advisory Solutions Inc. lowered its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 49.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,725 shares of the company’s stock after selling 36,501 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $15,181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. grew its stake in Vanguard Mega Cap Growth ETF by 7.0% in the third quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock worth $3,421,856,000 after purchasing an additional 558,602 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock worth $1,368,502,000 after acquiring an additional 211,907 shares in the last quarter. Captrust Financial Advisors lifted its position in Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after acquiring an additional 15,432 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth about $335,586,000. Finally, Osaic Holdings Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 383.6% during the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after acquiring an additional 494,855 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $390.27 on Friday. The company has a 50 day simple moving average of $405.24 and a two-hundred day simple moving average of $402.90. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The company has a market capitalization of $30.61 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.