TIAA Trust National Association Lowers Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

TIAA Trust National Association lowered its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,583 shares of the company’s stock after selling 214 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Mega Cap Growth ETF were worth $454,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. YHB Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter worth $29,000. AdvisorNet Financial Inc bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth $30,000. Global Wealth Strategies & Associates bought a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter worth $30,000. Scarborough Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth $32,000. Finally, Criterion Capital Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth $37,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock traded down $1.94 during trading hours on Friday, reaching $311.06. The stock had a trading volume of 218,721 shares, compared to its average volume of 322,686. The stock has a market cap of $20.59 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 $330.36. The company has a fifty day simple moving average of $308.24 and a 200-day simple moving average of $288.50.

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.