Ameritas Advisory Services LLC Cuts Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Ameritas Advisory Services LLC cut its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 53.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 4,050 shares of the company’s stock after selling 4,644 shares during the period. Ameritas Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,630,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Asset Planning Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $28,000. Atlantic Union Bankshares Corp purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $30,000. North Star Investment Management Corp. increased its position in shares of Vanguard Mega Cap Growth ETF by 182.1% in the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock valued at $44,000 after buying an additional 71 shares in the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $44,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 463.6% during the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after buying an additional 102 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.6%

Shares of MGK stock opened at $384.69 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The firm has a fifty day simple moving average of $408.05 and a 200-day simple moving average of $402.40. The company has a market capitalization of $30.18 billion, a PE ratio of 37.33 and a beta of 1.18.

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.