Sharkey Howes & Javer Trims Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sharkey Howes & Javer lessened its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,597 shares of the company’s stock after selling 523 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 0.8% of Sharkey Howes & Javer’s portfolio, making the stock its 25th largest holding. Sharkey Howes & Javer’s holdings in Vanguard Mega Cap Growth ETF were worth $5,665,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc raised its holdings in shares of Vanguard Mega Cap Growth ETF by 453.9% in the 1st quarter. AdvisorNet Financial Inc now owns 637 shares of the company’s stock valued at $182,000 after acquiring an additional 522 shares in the last quarter. CGN Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $216,000. Morton Capital Management LLC CA purchased a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $260,000. Von Berge Wealth Management Group LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 23.5% in the 1st quarter. Von Berge Wealth Management Group LLC now owns 45,078 shares of the company’s stock worth $12,920,000 after buying an additional 8,571 shares during the last quarter. Finally, Brookstone Capital Management raised its position in shares of Vanguard Mega Cap Growth ETF by 1.4% during the 1st quarter. Brookstone Capital Management now owns 8,231 shares of the company’s stock valued at $2,359,000 after buying an additional 112 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.1 %

NYSEARCA:MGK traded up $0.49 during midday trading on Monday, hitting $328.25. The company had a trading volume of 139,874 shares, compared to its average volume of 344,250. The company has a market capitalization of $21.73 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $218.10 and a 52-week high of $330.36. The stock’s fifty day moving average price is $315.77 and its 200-day moving average price is $304.57.

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.