Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stock Position Lessened by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC decreased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 23,177 shares of the company’s stock after selling 254 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 4.8% of Capstone Wealth Management Group LLC’s holdings, making the stock its 5th largest position. Capstone Wealth Management Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $7,282,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MGK. Mathes Company Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 0.3% during the first quarter. Mathes Company Inc. now owns 15,790 shares of the company’s stock worth $4,526,000 after acquiring an additional 40 shares during the period. CGN Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 5.4% during the 2nd quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after purchasing an additional 41 shares during the period. Csenge Advisory Group raised its position in Vanguard Mega Cap Growth ETF by 0.9% in the 2nd quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after purchasing an additional 42 shares in the last quarter. Fortis Capital Advisors LLC raised its position in Vanguard Mega Cap Growth ETF by 3.5% in the 1st quarter. Fortis Capital Advisors LLC now owns 1,483 shares of the company’s stock valued at $425,000 after purchasing an additional 50 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 6.4% in the 2nd quarter. WMG Financial Advisors LLC now owns 849 shares of the company’s stock valued at $267,000 after buying an additional 51 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $313.77 on Tuesday. The company’s 50 day moving average price is $309.60 and its 200 day moving average price is $298.33. The firm has a market capitalization of $20.77 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $330.36.

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.