Comerica Bank Has $140.17 Million Holdings in Vanguard Mega Cap Growth ETF $MGK

Comerica Bank lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 348,315 shares of the company’s stock after selling 35,759 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 0.5% of Comerica Bank’s holdings, making the stock its 28th largest position. Comerica Bank owned about 0.45% of Vanguard Mega Cap Growth ETF worth $140,169,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MGK. Maia Wealth LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 5.4% in the 3rd quarter. Maia Wealth LLC now owns 917 shares of the company’s stock worth $383,000 after purchasing an additional 47 shares during the last quarter. Nicolet Advisory Services LLC grew its holdings in Vanguard Mega Cap Growth ETF by 7.5% during the third quarter. Nicolet Advisory Services LLC now owns 4,119 shares of the company’s stock valued at $1,666,000 after purchasing an additional 289 shares during the last quarter. FreeGulliver LLC acquired a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $295,000. Jump Financial LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $2,167,000. Finally, BTG Pactual Asset Management US LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 5.9% in the third quarter. BTG Pactual Asset Management US LLC now owns 94,048 shares of the company’s stock valued at $34,438,000 after purchasing an additional 5,237 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 1.1%

Shares of Vanguard Mega Cap Growth ETF stock opened at $379.08 on Friday. The firm has a fifty day simple moving average of $397.67 and a 200-day simple moving average of $403.13. The stock has a market capitalization of $29.74 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80.

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.