Vanguard Mega Cap Growth ETF $MGK is FSC Wealth Advisors LLC’s 8th Largest Position

FSC Wealth Advisors LLC trimmed its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 84.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,072 shares of the company’s stock after selling 5,942 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for about 7.5% of FSC Wealth Advisors LLC’s holdings, making the stock its 8th largest position. FSC Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $394,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 1.0% during 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 in the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth 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 in the last quarter. Captrust Financial Advisors boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after acquiring an additional 15,432 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.4% in the fourth 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 during the period. Finally, UBS Group AG boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.8% in the fourth 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 during the period.

Vanguard Mega Cap Growth ETF Trading Down 1.0%

Shares of NYSEARCA:MGK opened at $84.35 on Friday. The company has a 50 day moving average of $87.04 and a 200 day moving average of $81.96. The stock has a market cap of $6.37 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month 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.