Breakwater Capital Group Reduces Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Breakwater Capital Group trimmed its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,437 shares of the company’s stock after selling 465 shares during the period. Breakwater Capital Group’s holdings in Vanguard Mega Cap Growth ETF were worth $2,418,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,700 shares of the company’s stock worth $441,000 after acquiring an additional 100 shares in the last quarter. Activest Wealth Management increased its stake in shares of Vanguard Mega Cap Growth ETF by 500.0% in the 4th quarter. Activest Wealth Management now owns 240 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares in the last quarter. Mather Group LLC. increased its stake in shares of Vanguard Mega Cap Growth ETF by 69.9% in the 1st quarter. Mather Group LLC. now owns 2,791 shares of the company’s stock worth $800,000 after acquiring an additional 1,148 shares in the last quarter. PFG Advisors increased its stake in shares of Vanguard Mega Cap Growth ETF by 17.7% in the 4th quarter. PFG Advisors now owns 1,065 shares of the company’s stock worth $276,000 after acquiring an additional 160 shares in the last quarter. Finally, Perigon Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth about $201,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of Vanguard Mega Cap Growth ETF stock traded down $2.79 during trading on Friday, hitting $314.21. The company’s stock had a trading volume of 255,404 shares, compared to its average volume of 315,791. The company has a fifty day simple moving average of $295.30 and a two-hundred day simple moving average of $281.79. The company has a market capitalization of $20.80 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $319.44.

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.