Diversify Advisory Services LLC Trims Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Diversify Advisory Services LLC lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,663 shares of the company’s stock after selling 121 shares during the quarter. Diversify Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $906,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Gateway Wealth Partners LLC grew its position in Vanguard Mega Cap Growth ETF by 0.9% in the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $1,082,000 after acquiring an additional 31 shares in the last quarter. Strategic Blueprint LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after purchasing an additional 42 shares during the last quarter. First Financial Bankshares Inc raised its holdings in Vanguard Mega Cap Growth ETF by 6.0% during the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after buying an additional 44 shares during the period. Trilogy Capital Inc. lifted its position in Vanguard Mega Cap Growth ETF by 7.4% in the third quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock worth $235,000 after buying an additional 50 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in Vanguard Mega Cap Growth ETF by 4.8% during the fourth quarter. AdvisorNet Financial Inc now owns 1,198 shares of the company’s stock worth $412,000 after buying an additional 55 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 1.4 %

Shares of MGK opened at $346.91 on Tuesday. The company’s fifty day simple moving average is $345.19 and its 200-day simple moving average is $326.51. The company has a market cap of $22.96 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a twelve month low of $261.32 and a twelve month high of $358.61.

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.