Avior Wealth Management LLC Reduces Position in Vanguard Mega Cap Growth ETF $MGK

Avior Wealth Management LLC lessened its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,008 shares of the company’s stock after selling 8,938 shares during the quarter. Avior Wealth Management LLC owned about 0.07% of Vanguard Mega Cap Growth ETF worth $23,944,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MGK. U.S. Capital Wealth Advisors LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 1.3% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock worth $779,000 after buying an additional 25 shares during the last quarter. Latitude Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 1.5% in the third quarter. Latitude Advisors LLC now owns 1,723 shares of the company’s stock valued at $693,000 after acquiring an additional 25 shares during the last quarter. Cvfg LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 1.8% in the third quarter. Cvfg LLC now owns 1,415 shares of the company’s stock valued at $569,000 after acquiring an additional 25 shares during the last quarter. Horizon Investment Services LLC grew its position in Vanguard Mega Cap Growth ETF by 0.3% in the third quarter. Horizon Investment Services LLC now owns 9,923 shares of the company’s stock worth $3,993,000 after acquiring an additional 26 shares during the period. Finally, Kovack Advisors Inc. grew its position in Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. Kovack Advisors Inc. now owns 5,617 shares of the company’s stock worth $2,260,000 after acquiring an additional 27 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.4%

NYSEARCA MGK opened at $377.23 on Friday. The stock has a fifty day simple moving average of $395.09 and a 200-day simple moving average of $402.98. The stock has a market cap of $29.59 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80.

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.