Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,177 shares of the company’s stock after selling 254 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 4.8% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 5th biggest position. Capstone Wealth Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $7,282,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MGK. PSI Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $25,000. YHB Investment Advisors Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth about $29,000. Global Wealth Strategies & Associates purchased a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $30,000. Rothschild Investment LLC acquired a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at about $31,000. Finally, Scarborough Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $32,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $313.77 on Tuesday. The firm has a 50-day simple moving average of $309.60 and a two-hundred day simple moving average of $298.33. The stock has a market cap of $20.77 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1-year low of $218.10 and a 1-year high of $330.36.

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.