Advisory Alpha LLC Has $827,000 Stake in Vanguard Mega Cap Growth ETF $MGK

Advisory Alpha LLC lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 41.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,040 shares of the company’s stock after selling 1,442 shares during the quarter. Advisory Alpha LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MGK. Atlantic Union Bankshares Corp bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $30,000. North Star Investment Management Corp. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 182.1% during the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after buying an additional 71 shares in the last quarter. Dynamic Wealth Strategies LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $44,000. Smartleaf Asset Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 463.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $51,000.

Vanguard Mega Cap Growth ETF Stock Up 0.2%

Shares of MGK opened at $390.46 on Friday. The stock has a market cap of $30.63 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The business has a 50-day simple moving average of $401.05 and a two-hundred day simple moving average of $402.97.

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.