Venturi Wealth Management LLC Has $805,000 Position in Vanguard Mega Cap Growth ETF $MGK

Venturi Wealth Management LLC cut its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 50.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,000 shares of the company’s stock after selling 2,000 shares during the period. Venturi Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Osaic Holdings Inc. grew its stake in Vanguard Mega Cap Growth ETF by 383.6% in the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock valued at $228,441,000 after buying an additional 494,855 shares during the last quarter. Kensington Asset Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $95,863,000. Assetmark Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 2.9% during the second quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after purchasing an additional 227,615 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% during the second quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock worth $1,368,502,000 after purchasing an additional 211,907 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 50.6% during the 3rd quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock worth $216,916,000 after purchasing an additional 181,203 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $412.03 on Friday. The business has a fifty day simple moving average of $412.47 and a 200 day simple moving average of $396.31. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The company has a market capitalization of $32.32 billion, a PE ratio of 37.33 and a beta of 1.18.

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.