Bogart Wealth LLC Trims Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Bogart Wealth LLC lowered its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 14.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 265 shares of the company’s stock after selling 45 shares during the period. Bogart Wealth LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $69,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 6.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 1,700 shares of the company’s stock valued at $441,000 after acquiring an additional 100 shares in the last quarter. Activest Wealth Management lifted its position in Vanguard Mega Cap Growth ETF by 500.0% in the 4th quarter. Activest Wealth Management now owns 240 shares of the company’s stock valued at $62,000 after acquiring an additional 200 shares in the last quarter. PFG Advisors boosted its stake in Vanguard Mega Cap Growth ETF by 17.7% during the 4th quarter. PFG Advisors now owns 1,065 shares of the company’s stock valued at $276,000 after purchasing an additional 160 shares during the last quarter. Perigon Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $201,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth $30,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK traded up $0.69 during midday trading on Thursday, reaching $285.34. 29,276 shares of the company’s stock traded hands, compared to its average volume of 332,008. Vanguard Mega Cap Growth ETF has a one year low of $208.33 and a one year high of $291.40. The stock has a 50 day moving average of $282.40 and a 200 day moving average of $266.24. The company has a market cap of $18.97 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26.

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.