Bank of America Corp DE Sells 25,521 Shares of Vanguard Mega Cap Growth ETF $MGK

Bank of America Corp DE lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.2% in the 1st quarter, HoldingsChannel reports. The fund owned 2,033,250 shares of the company’s stock after selling 25,521 shares during the period. Bank of America Corp DE’s holdings in Vanguard Mega Cap Growth ETF were worth $747,097,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Graney & King LLC raised its position in Vanguard Mega Cap Growth ETF by 81.5% during the first quarter. Graney & King LLC now owns 3,069 shares of the company’s stock valued at $1,128,000 after purchasing an additional 1,378 shares during the period. Strategic Investment Advisors MI lifted its stake in shares of Vanguard Mega Cap Growth ETF by 27.4% in the 1st quarter. Strategic Investment Advisors MI now owns 235,025 shares of the company’s stock valued at $86,437,000 after purchasing an additional 50,602 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 405.6% in the 1st quarter. Arkadios Wealth Advisors now owns 2,599 shares of the company’s stock worth $955,000 after purchasing an additional 2,085 shares during the period. IFS Group LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $220,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 59.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 17,488 shares of the company’s stock valued at $6,426,000 after purchasing an additional 6,548 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $86.33 on Friday. The business’s 50 day moving average price is $87.57 and its 200-day moving average price is $82.71. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38. The company has a market cap of $32.48 billion, a P/E ratio of 37.33 and a beta of 1.24.

Vanguard Mega Cap Growth ETF 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.