World Investment Advisors Sells 12,010 Shares of Vanguard Mega Cap Growth ETF $MGK

World Investment Advisors reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 50.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,913 shares of the company’s stock after selling 12,010 shares during the period. World Investment Advisors’ holdings in Vanguard Mega Cap Growth ETF were worth $4,377,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MGK. Y Intercept Hong Kong Ltd acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $2,496,000. Sound Income Strategies LLC boosted its stake in Vanguard Mega Cap Growth ETF by 10.8% in the 1st quarter. Sound Income Strategies LLC now owns 11,181 shares of the company’s stock worth $4,156,000 after purchasing an additional 1,094 shares during the period. Merited Wealth LLC boosted its stake in Vanguard Mega Cap Growth ETF by 16.8% in the 1st quarter. Merited Wealth LLC now owns 7,667 shares of the company’s stock worth $2,817,000 after purchasing an additional 1,102 shares during the period. Alexis Investment Partners LLC increased its holdings in Vanguard Mega Cap Growth ETF by 12.4% during the 1st quarter. Alexis Investment Partners LLC now owns 21,811 shares of the company’s stock worth $7,710,000 after purchasing an additional 2,398 shares in the last quarter. Finally, Harbor Investment Advisory LLC bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter worth about $156,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $87.01 on Monday. The company has a market capitalization of $33.17 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The business’s 50-day moving average price is $87.53 and its two-hundred day moving average price is $82.12. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38.

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.