Strategic Investment Advisors MI Has $93,000 Stake in Vanguard Mega Cap Growth ETF $MGK

Strategic Investment Advisors MI trimmed its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 99.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 230 shares of the company’s stock after selling 163,301 shares during the period. Strategic Investment Advisors MI’s holdings in Vanguard Mega Cap Growth ETF were worth $93,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL boosted its position in Vanguard Mega Cap Growth ETF by 412.1% during the third quarter. Tudor Investment Corp ET AL now owns 12,189 shares of the company’s stock worth $4,905,000 after purchasing an additional 9,809 shares during the period. Allworth Financial LP raised its position in shares of Vanguard Mega Cap Growth ETF by 42.3% in the third quarter. Allworth Financial LP now owns 5,725 shares of the company’s stock valued at $2,304,000 after purchasing an additional 1,703 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter worth $294,000. CIBC Private Wealth Group LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 13.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 11,249 shares of the company’s stock worth $4,527,000 after buying an additional 1,312 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth $4,527,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $377.23 on Friday. The company has a market capitalization of $29.59 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $426.80. The company’s fifty day moving average price is $395.09 and its 200 day moving average price is $402.98.

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.