Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stock Holdings Cut by Legacy Financial Advisors Inc.

Legacy Financial Advisors Inc. reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,140 shares of the company’s stock after selling 215 shares during the period. Legacy Financial Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $815,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 82.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 39,097 shares of the company’s stock worth $10,146,000 after acquiring an additional 17,661 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 31.9% in the fourth quarter. Merit Financial Group LLC now owns 126,973 shares of the company’s stock valued at $32,951,000 after purchasing an additional 30,709 shares in the last quarter. Aveo Capital Partners LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 6.7% in the fourth quarter. Aveo Capital Partners LLC now owns 4,170 shares of the company’s stock valued at $1,082,000 after purchasing an additional 263 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 11.2% in the fourth quarter. First Horizon Advisors Inc. now owns 11,389 shares of the company’s stock valued at $2,956,000 after purchasing an additional 1,151 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 326.4% in the fourth quarter. Fisher Asset Management LLC now owns 6,579 shares of the company’s stock valued at $1,707,000 after purchasing an additional 5,036 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 2.0 %

Shares of MGK traded up $5.49 during mid-day trading on Friday, reaching $281.56. The company’s stock had a trading volume of 324,154 shares, compared to its average volume of 338,297. Vanguard Mega Cap Growth ETF has a 1 year low of $203.58 and a 1 year high of $291.40. The business has a fifty day moving average of $282.26 and a 200 day moving average of $264.85. The company has a market cap of $18.72 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26.

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.