IFG Advisory LLC Trims Position in Vanguard Mega Cap Growth ETF $MGK

IFG Advisory LLC cut its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 30.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 709 shares of the company’s stock after selling 310 shares during the quarter. IFG Advisory LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 139.5% during the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after acquiring an additional 879 shares during the period. Strategic Blueprint LLC raised its stake in Vanguard Mega Cap Growth ETF by 14.9% during the first quarter. Strategic Blueprint LLC now owns 2,254 shares of the company’s stock worth $696,000 after purchasing an additional 293 shares during the period. TD Private Client Wealth LLC raised its stake in Vanguard Mega Cap Growth ETF by 12.5% during the first quarter. TD Private Client Wealth LLC now owns 7,888 shares of the company’s stock worth $2,436,000 after purchasing an additional 875 shares during the period. Wood Tarver Financial Group LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 17.9% in the 1st quarter. Wood Tarver Financial Group LLC now owns 231 shares of the company’s stock worth $71,000 after buying an additional 35 shares during the period. Finally, Brown Advisory Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 7.3% in the 1st quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after buying an additional 315 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.6%

Shares of MGK opened at $423.36 on Tuesday. The firm has a market capitalization of $32.81 billion, a P/E ratio of 37.33 and a beta of 1.18. The stock’s fifty day simple moving average is $400.81 and its 200 day simple moving average is $371.09. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80.

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.