NewEdge Advisors LLC Has $6.18 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

NewEdge Advisors LLC reduced its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 19,654 shares of the company’s stock after selling 642 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,176,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mathes Company Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 0.3% during the 1st quarter. Mathes Company Inc. now owns 15,790 shares of the company’s stock worth $4,526,000 after buying an additional 40 shares during the period. CGN Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 5.4% during the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after purchasing an additional 41 shares during the period. Csenge Advisory Group boosted its stake in Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock worth $1,437,000 after acquiring an additional 42 shares during the last quarter. Fortis Capital Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 3.5% in the first quarter. Fortis Capital Advisors LLC now owns 1,483 shares of the company’s stock valued at $425,000 after purchasing an additional 50 shares in the last quarter. Finally, WMG Financial Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 6.4% in the second quarter. WMG Financial Advisors LLC now owns 849 shares of the company’s stock worth $267,000 after purchasing an additional 51 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 1.6 %

MGK opened at $316.94 on Wednesday. The company has a fifty day simple moving average of $309.02 and a 200 day simple moving average of $301.00. The stock has a market cap of $20.98 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month 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.