Worth Asset Management LLC Sells 10,037 Shares of Vanguard Mega Cap Growth ETF $MGK

Worth Asset Management LLC decreased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 72.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,809 shares of the company’s stock after selling 10,037 shares during the quarter. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,400,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. increased its stake in Vanguard Mega Cap Growth ETF by 1.0% in the 4th quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock valued at $3,546,038,000 after buying an additional 87,636 shares during the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Mega Cap Growth ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after buying an additional 277,446 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after buying an additional 15,432 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 0.4% in the 4th quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock valued at $484,531,000 after acquiring an additional 5,134 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of Vanguard Mega Cap Growth ETF by 0.8% in the 4th quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock valued at $454,056,000 after acquiring an additional 9,098 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $85.18 on Thursday. The stock’s 50-day simple moving average is $86.96 and its 200 day simple moving average is $81.95. The company has a market cap of $6.43 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38.

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.