Consolidated Planning Corp Reduces Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Consolidated Planning Corp decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 67.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 883 shares of the company’s stock after selling 1,859 shares during the quarter. Consolidated Planning Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $229,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in MGK. Cedar Point Capital Partners LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $9,118,000. ODonnell Financial Services LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $6,237,000. Valmark Advisers Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 4.2% during the fourth quarter. Valmark Advisers Inc. now owns 7,975 shares of the company’s stock worth $2,070,000 after buying an additional 320 shares during the period. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $1,311,000. Finally, Total Investment Management Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $214,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK traded up $5.11 during mid-day trading on Friday, reaching $277.92. The stock had a trading volume of 1,087,971 shares, compared to its average volume of 344,672. The firm has a market capitalization of $18.48 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26. Vanguard Mega Cap Growth ETF has a twelve month low of $203.01 and a twelve month high of $291.40. The business has a 50 day simple moving average of $282.58 and a 200 day simple moving average of $263.40.

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.