Vanguard Mega Cap Growth ETF $MGK Shares Sold by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC cut its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,719,216 shares of the company’s stock after selling 18,125 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 34.5% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its biggest position. Cassaday & Co Wealth Management LLC owned approximately 4.80% of Vanguard Mega Cap Growth ETF worth $1,496,687,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MGK. Vantagepoint Investment Advisers LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter worth $335,586,000. Assetmark Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 7.0% during the third quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock worth $3,421,856,000 after buying an additional 558,602 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 383.6% during the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after buying an additional 494,855 shares during the period. Kensington Asset Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth about $95,863,000. Finally, Merit Financial Group LLC increased its position in Vanguard Mega Cap Growth ETF by 50.6% in the 3rd quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock valued at $216,916,000 after acquiring an additional 181,203 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.6%

Vanguard Mega Cap Growth ETF stock opened at $384.69 on Tuesday. The stock has a 50 day moving average of $407.41 and a two-hundred day moving average of $402.75. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The stock has a market capitalization of $30.18 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.