Simplicity Wealth LLC Has $1.36 Million Position in Vanguard Mega Cap Growth ETF $MGK

Simplicity Wealth LLC lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 63.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,369 shares of the company’s stock after selling 5,823 shares during the quarter. Simplicity Wealth LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MGK. Dogwood Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $28,000. Atlantic Union Bankshares Corp bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth approximately $30,000. Dynamic Wealth Strategies LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth approximately $44,000. Finally, North Star Investment Management Corp. lifted its holdings in Vanguard Mega Cap Growth ETF by 182.1% during the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $407.54 on Friday. The business has a fifty day simple moving average of $411.03 and a 200 day simple moving average of $399.75. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The company has a market capitalization of $31.97 billion, a PE ratio of 37.33 and a beta of 1.18.

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.