Schroder Investment Management Group Trims Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Schroder Investment Management Group reduced its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,269 shares of the company’s stock after selling 1,970 shares during the quarter. Schroder Investment Management Group’s holdings in Vanguard Mega Cap Growth ETF were worth $8,110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Mega Cap Growth ETF by 12.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 156,954 shares of the company’s stock valued at $57,471,000 after acquiring an additional 17,929 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at $205,000. Mayfair Advisory Group LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 673.8% during the 2nd quarter. Mayfair Advisory Group LLC now owns 6,361 shares of the company’s stock valued at $2,450,000 after purchasing an additional 5,539 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Vanguard Mega Cap Growth ETF by 12.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,117 shares of the company’s stock valued at $775,000 after purchasing an additional 233 shares during the period. Finally, Richmond Investment Services LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $363,000.

Vanguard Mega Cap Growth ETF Stock Up 0.1%

Shares of NYSEARCA MGK opened at $415.78 on Friday. The company has a market cap of $32.23 billion, a P/E ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80. The business has a 50-day simple moving average of $409.02 and a two-hundred day simple moving average of $384.86.

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.