Garden State Investment Advisory Services LLC Cuts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Garden State Investment Advisory Services LLC lessened its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,771 shares of the company’s stock after selling 432 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,814,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. WealthTrust Asset Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 190.7% during the 2nd quarter. WealthTrust Asset Management LLC now owns 5,768 shares of the company’s stock valued at $1,812,000 after purchasing an additional 3,784 shares during the last quarter. Etfidea LLC raised its stake in Vanguard Mega Cap Growth ETF by 4.3% in the second quarter. Etfidea LLC now owns 8,018 shares of the company’s stock valued at $2,519,000 after buying an additional 332 shares during the last quarter. Clifford Group LLC raised its stake in Vanguard Mega Cap Growth ETF by 98.6% in the second quarter. Clifford Group LLC now owns 27,279 shares of the company’s stock valued at $8,571,000 after buying an additional 13,542 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 91.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,457 shares of the company’s stock worth $772,000 after acquiring an additional 1,173 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 37.7% during the second quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock worth $2,985,000 after acquiring an additional 2,601 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.3 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $319.32 on Friday. The company has a 50 day moving average price of $308.57 and a 200 day moving average price of $299.20. The firm has a market capitalization of $21.14 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36.

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.