Thrivent Financial for Lutherans Reduces Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Thrivent Financial for Lutherans trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.9% during the fourth quarter, Holdings Channel reports. The firm owned 16,462 shares of the company’s stock after selling 321 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Mega Cap Growth ETF were worth $5,654,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MGK. Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth about $27,000. Mainstream Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $31,000. Copley Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $33,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $40,000. Finally, Pittenger & Anderson Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $323.96 on Tuesday. The stock’s 50 day moving average price is $339.09 and its 200 day moving average price is $335.49. The firm has a market cap of $23.74 billion, a P/E ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64.

Vanguard Mega Cap Growth ETF Company 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.