ProVise Management Group LLC Sells 96 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ProVise Management Group LLC reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.8% in the 2nd quarter, Holdings Channel reports. The firm owned 1,569 shares of the company’s stock after selling 96 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $493,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aveo Capital Partners LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 6.7% in the 4th quarter. Aveo Capital Partners LLC now owns 4,170 shares of the company’s stock valued at $1,082,000 after purchasing an additional 263 shares during the last quarter. Brown Advisory Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 1.3% during the 4th quarter. Brown Advisory Inc. now owns 4,261 shares of the company’s stock worth $1,106,000 after acquiring an additional 56 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 165.8% in the 4th quarter. Corient Private Wealth LLC now owns 3,913 shares of the company’s stock worth $1,015,000 after acquiring an additional 2,441 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 458.0% in the 4th quarter. Franklin Resources Inc. now owns 7,895 shares of the company’s stock valued at $2,049,000 after purchasing an additional 6,480 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 13.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 119,756 shares of the company’s stock valued at $31,078,000 after purchasing an additional 14,297 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $319.32 on Friday. The stock 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 one year low of $218.10 and a one year high of $330.36. The business has a 50 day simple moving average of $308.57 and a 200 day simple moving average of $299.20.

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.