Zeit Capital LLC Sells 8,361 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Zeit Capital LLC reduced its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,187 shares of the company’s stock after selling 8,361 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 14.9% of Zeit Capital LLC’s portfolio, making the stock its 2nd largest position. Zeit Capital LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $19,481,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MGK. Captrust Financial Advisors grew its stake in shares of Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after purchasing an additional 1,408,609 shares during the period. World Investment Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 34,241.0% during the fourth quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after buying an additional 392,059 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $82,803,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $79,888,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $310.44 on Tuesday. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64. The stock has a market cap of $22.75 billion, a P/E ratio of 36.87 and a beta of 1.15. The stock’s 50 day simple moving average is $345.84 and its 200 day simple moving average is $335.32.

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.