Carr Financial Group Corp Reduces Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Carr Financial Group Corp trimmed its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,878 shares of the company’s stock after selling 632 shares during the quarter. Carr Financial Group Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $1,507,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Captrust Financial Advisors raised its stake in Vanguard Mega Cap Growth ETF by 2.7% in the fourth quarter. Captrust Financial Advisors now owns 1,637,452 shares of the company’s stock valued at $562,317,000 after buying an additional 42,594 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock valued at $371,183,000 after acquiring an additional 136,586 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 23.6% during the 4th quarter. Ameriprise Financial Inc. now owns 714,135 shares of the company’s stock worth $245,284,000 after acquiring an additional 136,347 shares in the last quarter. Royal Bank of Canada raised its position in shares of Vanguard Mega Cap Growth ETF by 6.5% during the 4th quarter. Royal Bank of Canada now owns 432,793 shares of the company’s stock worth $148,626,000 after acquiring an additional 26,268 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Vanguard Mega Cap Growth ETF by 3.2% during the fourth quarter. Cerity Partners LLC now owns 394,571 shares of the company’s stock worth $135,500,000 after purchasing an additional 12,212 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.3%

Shares of Vanguard Mega Cap Growth ETF stock opened at $350.11 on Friday. The firm’s 50 day moving average is $330.89 and its two-hundred day moving average is $334.44. The firm has a market capitalization of $26.11 billion, a P/E ratio of 38.23 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $358.64.

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.