Townsquare Capital LLC Lowers Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Townsquare Capital LLC trimmed its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 29.2% during the third quarter, Holdings Channel.com reports. The fund owned 3,053 shares of the company’s stock after selling 1,260 shares during the period. Townsquare Capital LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $983,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Angeles Investment Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 105.4% during the second quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock worth $278,764,000 after purchasing an additional 455,250 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 4,572.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after buying an additional 289,430 shares during the last quarter. Comerica Bank raised its position in shares of Vanguard Mega Cap Growth ETF by 325.4% during the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after acquiring an additional 274,801 shares in the last quarter. Assetmark Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 32,115.7% during the 3rd quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after acquiring an additional 128,784 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $343.45 on Tuesday. The stock has a market capitalization of $22.73 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a one year low of $246.18 and a one year high of $343.78. The business’s 50-day simple moving average is $328.70 and its 200-day simple moving average is $315.64.

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.