Captrust Financial Advisors Decreases Position in Vanguard Mega Cap Growth ETF $MGK

Captrust Financial Advisors lessened its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,596,147 shares of the company’s stock after selling 72,591 shares during the period. Vanguard Mega Cap Growth ETF comprises 1.3% of Captrust Financial Advisors’ portfolio, making the stock its 12th largest holding. Captrust Financial Advisors owned about 2.06% of Vanguard Mega Cap Growth ETF worth $642,321,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MGK. Assetmark Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 7.0% during the 3rd quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock valued at $3,421,856,000 after purchasing an additional 558,602 shares during the last quarter. UBS Group AG raised its stake in shares of Vanguard Mega Cap Growth ETF by 12.6% in the third quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock worth $439,009,000 after purchasing an additional 122,275 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at $335,586,000. Ameriprise Financial Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Ameriprise Financial Inc. now owns 798,935 shares of the company’s stock valued at $321,546,000 after buying an additional 17,254 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position 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 valued at $228,441,000 after buying an additional 494,855 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $384.35 on Wednesday. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $426.80. The stock has a 50-day moving average of $396.52 and a 200 day moving average of $403.34. The company has a market capitalization of $30.15 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.