Vanguard Mega Cap Growth ETF $MGK Stake Reduced by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,503 shares of the company’s stock after selling 1,003 shares during the period. Checchi Capital Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,480,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the first quarter valued at $217,000. Brown Advisory Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 7.3% during the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock valued at $1,421,000 after purchasing an additional 315 shares during the last quarter. QRG Capital Management Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $464,000. Park Avenue Securities LLC grew its holdings in Vanguard Mega Cap Growth ETF by 23.0% during the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock valued at $564,000 after purchasing an additional 341 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Vanguard Mega Cap Growth ETF by 0.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 184,669 shares of the company’s stock worth $57,041,000 after acquiring an additional 969 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $403.68 on Friday. The company has a market capitalization of $30.92 billion, a PE ratio of 37.33 and a beta of 1.11. The company’s fifty day moving average price is $389.42 and its 200 day moving average price is $354.51. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $406.88.

Vanguard Mega Cap Growth ETF Company 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.