Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Ballentine Partners LLC

Ballentine Partners LLC lowered its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,407 shares of the company’s stock after selling 30 shares during the quarter. Ballentine Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,230,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MGK. Peterson Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at $33,000. Bfsg LLC increased its holdings in Vanguard Mega Cap Growth ETF by 386.7% in the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after buying an additional 116 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter worth about $48,000. Finally, Valley National Advisers Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $55,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $346.91 on Tuesday. The firm has a fifty day moving average of $345.19 and a 200 day moving average of $326.51. The firm has a market cap of $22.96 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a one year low of $261.32 and a one year high of $358.61.

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.